Bank of Italy's Panetta says it is key that QE runs to the end

Bank of Italy's deputy governor Fabio Panetta on Bloomberg

• ECB is operating successfully on price stability
• Premature stopping of QE would jeopardise the ECB's credibility

The QE program has only been running 3 months and already it's being claimed a winner. It takes months for the real effect to start filtering through. If prices have stabilised it's not because of QE