Praet: Everyone agrees that we have to make sure that the reduction of the stimulus takes place in an orderly manner, without any excessive shocks. — AFP
FRANKFURT: As the European Central Bank (ECB) prepares to slow its bond-buying programme, policy makers are considering softening the blow by highlighting a related measure – the reinvestment of maturing debt.
An average of 15 billion euros (US$18bil) a month of assets held under quantitative easing (QE) will mature next year, according to eurozone central bank officials who said the figure was presented at the last governing council meeting.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
