ECB Holds Rates Steady, QE Program Unchanged

The video discusses the European Central Bank's (ECB) monetary policy, focusing on the alignment of forecasts with actual rates, including the marginal lending facility and deposit rate. It highlights the ECB's asset purchase plans and its commitment to quantitative easing (QE) until inflation reaches a sustainable path. The discussion also covers the potential impact of core CPI data on policy outlooks and confirms no changes to the current monetary policy stance.

What was the forecasted rate for the ECB's marginal lending facility?

• 0.75%

• 1.00%

• 0.25%

• 0.50%

Until when did the ECB plan to keep asset purchases at €80 billion a month?

• End of February

• End of April

• End of March

• End of May

What is the ECB's target for continuing QE?

• Until unemployment decreases

• Until inflation reaches a sustained path towards the goal

• Until GDP growth stabilizes

• Until interest rates rise

What was the core CPI data mentioned in the discussion?

• 0.7%

• 1.5%

• 0.9%

• 1.2%

What is the ECB's stance on current rates and monetary policy?

• Rates will decrease soon

• Rates will fluctuate frequently

• Rates will increase soon

• Rates will remain at present or lower levels for an extended period