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European Central Bank President Mario Draghi says there was a "majority" on the governing council who wanted to trigger the asset purchase program now but there wasn't unanimity.
Mario Draghi, President of the European Central Bank, explains why the bank decided to launch a 60 billion euro a month quantitative easing program.
The European Central Bank has left all of its rates unchanged and will announce further information about a possible bond-buying plan at the press conference.
At Davos, Andrea Enria, chair of the European Banking Authority says the region's banks need to be "resilient enough," and would like to see stress tests becoming a "regular supervisory exercise."
The European Central Bank has left all its rates unchanged. Nikhil Srinivasan, CIO of Generali, gives his reaction, saying that Germany would benefit the most from quantitative easing.
Ahead of the first ECB meeting of the year, Paul Sheard, global chief economist at Standard & Poor's, says the bank needs to "play catch-up today."
Ahead of the European Central Bank's decision, Patrick De Maeseneire, CEO of Adecco, says the 'ECB has to intervene today' with a bond-buying scheme.
Ron Mock, CEO of the Ontario Teachers' Pension Plan, talks about the upcoming European Central Bank meeting, saying that any stimulus must go beyond government bond-buying.
At the World Economic Forum, Enda Kenny, Taoiseach of the Republic of Ireland, says the European Central Bank should help the region's economy without giving into political pressure.
Jim Yong Kim, World Bank president and 2015 WEF co-chair, talks about epidemics like Ebola and says that people need to be careful not to lose focus after it has peaked.
At the World Economic Forum, Zhu Min, deputy managing director at the IMF, says that the ECB should "do as much as they can" to reduce the risk of deflationary pressures.
Jim Yong Kim, World Bank president and 2015 WEF co-chair, says he welcomes the prospect of quantitative easing in Europe, but adds that it should not encourage countries to slow down structural and economic reforms.
At Davos, Jaime Caruana, general manager at BIS, discusses the upcoming European Central Bank meeting, saying the financial markets have too much dependence on monetary policies.
At the World Economic Forum, Willem Buiter, chief economist at Citi, discusses whether the European Central Bank's Mario Draghi will give the people what they want.
At Davos, António Pires de Lima, economy minister of Portugal, talks about sovereign bond-buying, saying he doesn't want Europe to face a Japanese deflation-style stagnation.
At the World Economic Forum, Arun Jaitley, finance minister of India, talks about the upcoming budget announcement and what to expect.
At Davos, Oleg Deripaska, chairman of Rusal, discusses the impact of low oil prices, sanctions and other factors that are burdening the Russian Economy.
At Davos, Abdel Fattah Al-Sisi, President of Egypt, says that the "new Egypt" is a civilised one, and says that terrorism is an issue that must be combated at its source.
At Davos, Jeroen Dijsselbloem, head of the Eurogroup weighs in on the anticipated ECB bond-buying program.
At the World Economic Forum, Arun Jaitley, finance minister of India, says the country hopes to achieve monumental tax reforms over the next months.
Chatterley is CNBC’s European reporter covering key business and political events, as well as regular Eurogroup and EU leaders summits in Brussels.
Wilfred Frost is anchor of Worldwide Exchange, joining CNBC in 2014.
Seema Mody is a CNBC reporter and host of the "Trading the Twicker" segment on "Fast Money."