[8] For further discussion, see my recent speech “Monetary Policy and Below-Target Inflation”, Bank of Finland conference on Monetary Policy and Future of EMU, 2 July. [9] For further discussion, see ECB (2019), “Taking stock of the Eurosystem’s asset purchase programme after the end of net asset purchases”, Economic Bulletin, Issue 2.
[10]  For further discussion, see my recent speech “Monetary Policy and Below-Target Inflation”, Bank of Finland conference on Monetary Policy and Future of EMU, 2 July. European Central Bank Directorate General Communications Sonnemannstrasse 20, 60314 Frankfurt am Main, Germany Tel. : +49 69 1344 7455, E-mail: media@ecb.europa.eu Website: www.ecb.europa.eu Reproduction is permitted provided that the source is acknowledged.