Volker Wieland warns about expanding the ECB's purchase program (FAZ)

With Eurozone inflation falling below zero in September, reaching minus 0.1 per cent, demands are voiced asking for the expansion of the current purchase program of the European Central Bank (ECB). Prof. Volker Wieland, however, warns about a further expansion.

The ECB's monetary policy was extremely loose, he said to the "Frankfurter Allgemeine Zeitung". In his opinion it was not appropriate to expand the purchase program as a  consequence of the low prices leading to negative inflation.

(FAZ: "Euro-Inflation rutscht unter die Nulllinie")