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?
UK economy falters
More launches planned for 2019
£50,000-plus 'earned' from steelworkers
'Not convinced of merits'