What matters most is that inflation, thanks to these conceptual advances, has become a mean-reverting process, making occasional deviations from price stability a temporary event. We are living in a world where the possibility of solidly anchoring long term inflation expectations and  9  Research at the ECB has derived quantitative estimates from the qualitative survey data.
An interest rate of 0.1% is applied to the outstanding balances of current accounts that correspond to the amounts outstanding of loans provided through the measure). Additional purchases of CP and corporate bonds: The Bank conducts additional purchases with the upper limit of the total amount outstanding of 20 trillion yen (almost quadrupled) until the end of March 2021.