ECB `Will Remain Patient' on Rate-Hike Timing, Draghi Says

The video discusses the ECB's monetary policy, focusing on asset purchases, reinvestment strategies, and interest rate expectations. It highlights the flexibility of the asset purchase program, the reinvestment of maturing securities, and the forward guidance on interest rates. The ECB's readiness to adjust policy tools to ensure inflation aligns with targets is emphasized, with a patient, persistent, and prudent approach to monetary policy in the euro area.

What is the condition for ending the asset purchase program in December?

• Confirmation of current inflation rates

• Confirmation of long-term inflation outlook

• Confirmation of medium-term inflation outlook

• Confirmation of short-term inflation outlook

What is the policy regarding principal payments from maturing securities?

• They will be reinvested for a short period

• They will be returned to investors

• They will be used to purchase new securities

• They will be reinvested for an extended period

How long are the ECB interest rates expected to remain at their current levels?

• At least through the summer of 2020

• At least through the winter of 2019

• At least through the summer of 2019

• At least through the winter of 2020

What approach will be taken for adjusting policy after the first rate rise?

• A delayed approach

• An immediate approach

• A gradual approach

• A rapid approach

What is the ECB's medium-term inflation target?

• Below 1%

• Below but close to 2%

• Above 3%

• Exactly 2%