Business Standard

Draghi says will execute QE in full

Bloomberg
The European Central Bank will fully complete its programme of money printing to buy chiefly government bonds, its president said on Thursday, adding that he saw little indication of financial imbalances emerging.

"While we have already seen a substantial effect of our measures on asset prices and economic confidence, what ultimately matters is that we see an equivalent effect on investment, consumption and inflation," said Mario Draghi in the text of a speech delivered to an audience in Washington.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 15 2015 | 12:17 AM IST

Explore News