ECB could extend QE if inflation misses the target – Bank of Spain’s Restoy

FXStreet (Mumbai) - The Bank of Spain's Deputy Governor Fernando Restoy was crossing the wires last minutes via Reuters, noting that the European Central Bank (ECB) could consider extending its QE program in case the inflation stands incompatible with the central bank’s target.

Earlier on the day, ECB Nowotny cited his discontent over the bank missing the inflation goal, further adding that ‘additional set of instruments are necessary.’