The European Central Bank (ECB) has announced plans to cut back its €2trn quantitative easing programme from €60bn to €30bn a month of bond purchases from January 2018, but the scheme will be extended until September next year or longer if needed.
Bond purchases will continue at €30bn a month for nine months until September 2018 but the ECB said, if the outlook became "less favourable", its Governing Council could increase the asset purchasing programme...
What made financial headlines over the weekend?
Regardless of Brexit outcome
Prefer hard assets and cashflow
£15bn investment gap
Replaced by Stephen McPhillips