The European Central Bank (ECB) is to bring an end to its €2.6 trillion (£2.3 trillion) bond-buying programme at the end of the year.
As expected, the bank maintained interest rates at current levels, adding these levels would be maintained until "at least" through the summer of 2019, or "for as long as necessary". This historic moment comes six years after ECB President said he would do "whatever it takes" to support the eurozone economies, which resulted in the ECB launching its bond-buying programme in 2015. David Zahn's 2019 outlook: Political uncertainty will drive Europe's bond markets In a statement, the governing council said: "Regarding non-standard monetary policy measures, the net purchases under the a...
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