The European Central Bank (ECB) can make an asset purchase program this year at the end of the year, Mario Draghi, head of the 19-euro central eurozone bank, in the European Parliament's meeting.
Regional inflation rose by 2.2% in October from 2.1% to September. Draghi, in general, confirmed the development of the events in the ECB's government commission forecasts in the medium term forecasts of inflation. Domestic demand and wage dynamics continue to support the regulation's confidence in the stable inflation of the eurozone, following the value of the BEC.
"Therefore, the governors continue to see the net purchase value at the end of December 2018, according to the data they receive in the medium term forecasts of inflation forecasts," Draghi said.
The ECB has introduced some measures of non-standard monetary policy several years ago, such as the asset purchase program. The main objective was to increase the inflation rate of the Eurozone and bring it closer to the indicator target, less than 2% in the medium term. According to the ECB forecasts, it was announced in September that the annual inflation rate for 2018-2020 will be 1.7%.
The ECB's governing boards measure monetary policy. After some of the last few meetings of these tables, this December may end the asset purchase program.