Have Draghi's QE Measures Done Enough to Impress?

The video discusses the extension of the asset purchase program, aiming to achieve inflation rates below but close to 2% over the medium term. The Governing Council monitors price stability and is prepared to adjust the program as needed. Despite progress, more actions are deemed necessary to ensure success.

What is the intended duration of the asset purchase program mentioned in the text?

What inflation rate does the Governing Council aim to achieve over the medium term?

How does the Governing Council plan to respond if the outlook for price stability changes?

What flexibility does the asset purchase program provide according to the text?

What conclusion did the Governing Council reach regarding their effectiveness in achieving objectives?