Mario Draghi said monetary policy stimulus is filtering through to the economy as planned, as he insisted the European Central Bank needs to see its bond buying through to the finish. “The asset purchase programs are proceeding well,” the ECB president said at a press conference in Frankfurt today, after officials kept interest rates on hold. He unveiled economic forecasts for a pickup in growth and inflation in the next three years similar to the outlook from March. “Reaching our objectives is conditional on the full implementation of our monetary policy stance.” Since the ECB started its 1.1-trillion-euro ($1.2 ... (full story)