简介:SinceMarch2015,theECBhasimplementeditsQEprograms.AsQEcontinues,thepolicywillfurthershowitspositiveeffects,butatthesametime,toomuchshouldnotbeexpected.ThelaunchofQEdoesnotmeanthattheECB’spolicyconceptandoperationmechanismisexperiencingafundamentaladjustment.As"pricestability"isstillitsprioritytarget,itisdifficultforittoshoulderthemissionofpromotingthe"renaissance"oftheeurozoneeconomy.