Of course, a one-off achievement of the 2 percent target is not sufficient and the Bank intends to achieve the target stably in a favorable environment characterized by sustainable economic growth. Upon the introduction of QQE, the Bank made a commitment that it would continue with QQE as long as it is necessary to maintain the target in a stable manner.
First G20 Finance Ministers And Central Bank Governors Meeting SESSION II 26 February 2021  SESSION II PRESS CONFERENCE  Remarks by Governor Visco Good afternoon,  Today we had a very productive session on financial stability and financial inclusion. All delegates provided valuable contributions to the discussion and expressed broad support for the Italian G20 Presidency’s priorities in these areas.