ECB’s Quantitative Easing Program Is Open-Ended, Visco Says
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The European Central Bank’s asset-purchase program will continue past September 2016 if it hasn’t met its inflation objectives by then, Governing Council member Ignazio Visco said.
“We are open-ended,” Visco said on Friday in an interview with Bloomberg Television’s Francine Lacqua and Guy Johnson at the World Economic Forum in Davos, Switzerland. “If we see that there are difficulties in achieving this target that we have, we have to continue.”