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ECB to scale back massive economic stimulus programme from next year

Foto del escritor: ECBforbeginnersECBforbeginners

Actualizado: 19 dic 2017



Today we are going to talk about a current new that affects us. BCE has published its intentions for the last year.

``Until September 2018, the ECB will buy €30bn of assets each month, from a current pace of €60bn´´.

The programme, known as quantitative easing, was unveiled in early 2015 and addresses the aim to reach a higher interest rate and inflation. From now, BCE would reduce its monthly asset purchases – which include government bonds and other low-risk financial instruments – to €30bn per month. It will continue at that pace until at least September 2018.

I add the whole new down below:

http://www.independent.co.uk/news/business/news/european-central-bank-economic-stimulus-programme-scale-back-next-year-eu-ecb-mario-draghi-a8021146.html

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