European Central Bank Governing Council Member Ignazio Visco: the central bank should continue its quantitative easing until inflation in the Eurozone does not reach the central bank’s 2% target

Market news

27 May 2015

European Central Bank Governing Council Member Ignazio Visco: the central bank should continue its quantitative easing until inflation in the Eurozone does not reach the central bank’s 2% target

European Central Bank (ECB) Governing Council Member Ignazio Visco said that the central bank should continue its quantitative easing until inflation in the Eurozone does not reach the central bank's 2% target.

He ruled out that the central bank's asset buying programme encourage risk taking on financial markets.

"There are no signs to date that low interest rates are provoking generalised imbalances," Visco noted.

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