Regarding non-standard monetary policy measures, we confirmed that our net asset purchases, at the current monthly pace of € billion, are intended to run until the end of September 2018, or beyond, if necessary, and in any case until the Governing Council sees a sustained adjustment in the path of inflation consistent with its inflation aim. The Irish economy meanwhile continues to perform well.
In addition to the positive external environment, the broad recovery in the various components of underlying domestic demand (private consumption, government spending and investment) underpins the expansion. Improving labour market conditions indicate that the economy is moving closer to a position of full 1/7  BIS central bankers' speeches  employment.