On the ECB’s asset purchase program, Draghi stated that the reduction in monthly purchases from 60 billion Euros to 30 billion reflects the “growing confidence” in the economy. Asset purchases could be extended beyond September 2018 if there has not been a “sustained adjustment in the path of inflation”. Indeed, he noted that the reduced pace of purchases coupled with the extension of the time horizon had essentially left financial conditions unchanged. Having talked up the Eurozone recovery and prospects, Draghi urged politicians to do their part, a not so subtle way of taking credit for recent successes.