QE will end only on signs inflation heading towards 2% - ECB’s Couere

FXStreet (Mumbai) - Benoit Coeure, a member of the European Central Bank's (ECB) Executive Board, told an Italian newspaper today spelt out the parameter that will decide the duration of the ECB’s QE.

“It will end only once we get a strong sense that inflation is converging towards 2 percent”, said Mr. Coeure. When asked whether Athens must continue to meet its financial obligations, he said, "Greece must continue to abide by the rules of the game."