At the last meeting of the ECB, Mario Draghi appears to have fulfilled the twofold objective he had set himself: to prepare the market for a change in the asset purchase program without unduly alarmising investors. The ECB could decide on changes to the asset purchase program at the next meeting in October, avoiding requests for more information from journalists attending the press conference. To avoid a more pronounced market reaction, the ECB President reassured investors that "a very accommodative monetary policy is needed" to generate the desired inflation.