ECB will act until inflation target is reached: Liikanen

The European Central Bank has not run out of tools to boost the economy and will continue to support it until it reaches its inflation target of almost 2 percent, ECB Governing Council member Erkki Liikanen said on Friday. Liikanen, who is also the Finnish central bank governor, joined a chorus of policymakers defending the ECB and its latest stimulus package after President Mario stunned investors on Thursday by appearing to rule out further rate reductions. "We did what was essential in this s