Published on Friday, October 27, 2017 | Updated on Friday, October 27, 2017

ECB Watch: The ECB delivers a "down size" of the APP

The ECB has opted for an alternative way to taper QE, downsizing monthly purchases to 30 bn euros. The Asset Purchase Programme remains open-ended, extended until September 2018 or beyond. The size of the ECB’s balance sheet and forward guidance will replace net purchases as the main tool for monetary policy



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