European Central Bank (ECB) Governing Council Member Erkki Liikanen: the central bank will continue its asset buying programme until the annual rate of inflation close to but below 2%

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5 June 2015

European Central Bank (ECB) Governing Council Member Erkki Liikanen: the central bank will continue its asset buying programme until the annual rate of inflation close to but below 2%

European Central Bank (ECB) Governing Council Member and the President of the Bank of Finland Erkki Liikanen said on Thursday that the central bank will continue its asset buying programme until the annual rate of inflation close to but below 2%.

The ECB's asset buying programme is set to run until September 2016.

Liikanen noted that quantitative easing has already had a positive impact.

"This policy set-up that is giving strong support to the economy is bound to continue for an extended period of time," he said.

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