The European Central Bank will keep accommodative policies designed to boost inflation at least March 2017 and beyond if needed, said ECB Executive Board member Peter Praet.
Last month, the central bank alleviated its policy further to combat low inflation, slashed its deposit rate, and extended asset purchases purchases by six months until March.
The ECB chief economist believed the current policy will certainly stay in place until march 2017 and longer if people look at the economic condition.
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