Draghi: ECB to reassess current stimulus next quarter, prepared to do more

FXStreet (London) - After the earlier announcement that the European Central Bank will hold its current rates, ECB president Mario Draghi has said that asset purchases will last for at least two years with the bank’s asset sheet moving towards 2012 levels.

Draghi added that the ECB is unanimous in its commitment to at again if needed and would be monitoring the impact of inflation on the economic outlook adding that the ECB would be reassessing the current stimulus next quarter.