Draghi says it will extend QE if needed – Investing.com Spain

Investing.com – Mario Dragui has assured that the ECB is ready to expand its asset purchase program if necessary.

the president of The regulator has pointed out in the european Parliament that the underlying inflation in the eurozone remains soft.

inflation rose in December, but the core rate remained at 0.9%.

the inflation target of The ECB stands at a level close to, but below, 2%.

The price spike is due in large measure to the extraordinary impact of the rise of the .

The ECB extended the program QE until the end of 2017, if well cut back the volume of purchases to 60,000 million euros a month.

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