I am very confident in our independence. As I already pointed out, our policy is focused on our inflation target. That is our guiding light. We have already shown that, when the situation changes, we change our policies. When we implemented the quantitative easing program, we were buying $5 billion in bonds a week. We reduced those purchases a first time, from $5 billion to $4 billion, and we changed the bond mix to have more long-term bonds.
In addition, last week, we reduced the minimum target from $4 billion a week to $3 billion a week. That reflects the progress we have already seen in this recovery. We will continue to adjust as needed to achieve our inflation target.
So I have no concerns about our independence. Those are indeed extraordinary tools. This is an extraordinary policy, and we find ourselves in extraordinary circumstances. However, I think we have shown that we will adjust our measures to meet the needs of the economy, without doing too much.