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ECB may announce QE wind down in Sept -Wall Street Journal

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - The European Central Bank is likely to signal in September that its bond-buying scheme will be gradually wound down next year and ECB chief Mario Draghi could give the next clue on the plans in late August, the Wall Street Journal said on Thursday.Financial markets overwhelmingly expect the ECB to decide in September on the future of its stimulus policy beyond the end of this year. Some investors expect an extension with a one-off reduction while others see a gradual but steady wind-down, known as tapering.ECB President Mario Draghi opened the door last month to tweaks ...

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First Published: Thu, July 13 2017. 22:22 IST
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