ecb did not discuss winding down bond purchases
Last Updated : GMT 09:40:38
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Last Updated : GMT 09:40:38
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ECB did not discuss winding down bond purchases

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleECB did not discuss winding down bond purchases

Frankfurt am Main economy
Frankfurt am Main - Arab Today

 ECB chief Mario Draghi on Thursday denied the bank was preparing to wind down its massive bond-buying programme, a crucial part of its unprecedented stimulus efforts to bolster the euro area's still fragile recovery.

"Tapering has not been discussed," Draghi told reporters after the bank surprised markets by announcing an extension of the asset-purchasing scheme until December 2017, but at a lower pace of 60 billion euros a month from April instead of the current 80 billion.

 
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ecb did not discuss winding down bond purchases ecb did not discuss winding down bond purchases

 



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