European Central Bank (ECB) President Mario Draghi: the central bank’s asset-buying programme is working better than expected

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12 octubre 2015

European Central Bank (ECB) President Mario Draghi: the central bank’s asset-buying programme is working better than expected

The European Central Bank (ECB) President Mario Draghi said in an interview with the Greek newspaper Kathimerini published on Saturday that the central bank's asset-buying programme is working better than expected but reaching the 2% inflation may take more time due to lower oil prices.

"We are satisfied with QE, as it has met and even surpassed our initial expectations," he said.

Draghi pointed out that the ECB is ready to expand its asset-buying programme if needed.

Federal Reserve Vice Chairman Stanley Fischer: the Fed wants to start raising its interest rates this year

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