The Governing Council of the European Central Bank has called upon its services to reassess the monetary policy instruments in place, in particular the quantitative easing (QE) programme for the mass buyback of securities, mainly public ones.
"We have tasked our various committees with reassessing the monetary policy tools and working on any changes necessary to ensure a harmonious implementation of the programme" [quantitative easing], said the president of the ECB, Mario Draghi. The QE...