ECB's Draghi looking at options to drive QE forward

Frankfurt

EUROPEAN Central Bank (ECB) president Mario Draghi said on Thursday that the bank was looking at options to ensure that it could pursue its unprecedented money-printing programme, with eurozone inflation still way below its official target.

However the bank stopped short of confirming a specific extension of its 80 billion euro (S$121.6 billion) monthly asset purchases, reaffirming its existing line that they would continue until next March or beyond if necessary.