Saturday, 15 July 2017

Does the ECB ends the stimulus in September?

The European Central Bank is likely to signal the end of its asset repurchase program in September. Such action is expected to happen next year, according to a Wall Street Journal financial report.
Part of the market expects the cancellation of the program to be one-off, while others say that this will happen smoothly and gradually, with a reduction in the volume of the assets purchased.
Last month, ECB chief Mario Draghi opened the door for the end of monetary stimulus, saying the eurozone economy is steadily developing.
Formal bankers who recently commented on Reuters have indicated September or October as the most likely time to make such a decision but have "stressed" that it will largely depend on emerging macroeconomic data.


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