3 Basel III Monitoring Report (February 2017)’. 4 These figures are for the 100 “Group 1” banks under the Basel Quantitative Impact Study definition, i.e. banks  with Tier 1 capital in excess of € who are well diversified and are internationally active.
Specifically, the Bank has committed itself to achieving the price stability target of 2 percent at the earliest possible time, with a time horizon of about two years. This does not mean, however, that the Bank will end QQE in two years.