Draghi and Praet say ECB will continue with QE

Mario Draghi of the European Central Bank
Mario Draghi

The European Central Bank’s (ECB) president and chief economist have both said the institution would continue with its quantitative easing (QE) policy until eurozone inflation showed firmer signs of a recovery.

Draghi reiterated that the ECB had “four criteria to confirm a sustained adjustment” to eurozone inflation. Headline inflation would have to be on a path to just below 2%, and there would need to be “sufficient confidence” that inflation would stabilise around that level, he told an audi