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Draghi says QE programme working better than expected

Monday, October 12, 2015 - 05:50
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Mr Draghi cited lower borrowing costs, rising credit volumes and better access to loans for small businesses as signs that the QE is having a positive effect.

Frankfurt

MARIO Draghi said that the European Central Bank's quantitative-easing programme is working better than expected, even though the institution will take longer than intended to reach its inflation goal.

"We are satisfied with QE, as it has met and even surpassed our