1/4  BIS central bankers' speeches  First, while being independent institutions, central banks have become increasingly accountable to the general public. This accountability leads to building public confidence through more intensive communication about monetary policy: explaining decisions based on the economic situation as well as on policymakers’ goals.
As explained on previous occasions, our monthly asset purchases of € billion are intended to run until the end of September 2016 and, in any case, until we see a sustained adjustment in the path of inflation that is consistent with our aim of achieving inflation rates below, but close to, 2% over the medium term.