ECB leaves benchmark Interest Rate at 0%.

QE to continue at 60B/month until December 2017 and then at 30B/month from January to September 2018.

President Draghi said that QE might run until inflation has substantially adjusted, leaving an option to extend QE if the outlook worsens.

This decision anyway was not unanimous. Rumors of tapering have calmed down after the press conference. EUR/USD experienced a significant correction in the hours following the decision and press conference, going from 1.1820 to 1.16.

Inflation, wage growth and political stability in the Euro Area remain key indicators to better understand the next move of the ECB.