Mario Draghi: The European Central Bank’s recent monetary policy measures – effectiveness and challenges Text of the Camdessus lecture by Mr Mario Draghi, President of the European Central Bank, International Monetary Fund, Washington DC, 14 May 2015.
*  *  *  Ladies and gentlemen, Over the past year the ECB has taken a series of major monetary policy measures, culminating in our decision in January this year to expand our asset purchases towards public sector securities.