article_snippet.sent: As attention returned to ECB policy, European Central Bank President Mario Draghi said investment bank intends to pursue investment bank existing bond-buying stimulus program 'until the end of September 2016 and, in any case, until we see a sustained adjustment in the path of inflation.'
article_snippet.sent: There was some speculation that because of a recent improvement in the economy of the 19-country eurozone, the ECB might end the ECB stimulus program before that date.
article_snippet.sent: In his statement, European Central Bank President Mario Draghi noted that the ECB ECB would look beyond month-by-month swings in economic data when assessing how long to carry on with the stimulus.
article_snippet.sent: the stimulus hopes to lower market interest rates, which tends to boost lending and, by extension, economic activity.
article_snippet.sent: The U.S. Federal Reserve has used a similar program.
article_snippet.sent: European Central Bank President Mario Draghi said a similar program is proceeding smoothly and has helped lower market interest rates.