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ECB to announce in Oct plans to reduce QE; buy bonds through June 2018: Reuters poll

Reuters  |  BENGALURU 

By Shrutee Sarkar and Rahul KarunakarBENGALURU (Reuters) - The European Central Bank will announce in October a six-month extension to its asset purchase programme but will cut how much it buys each month to 40 billion euros from January, a Reuters poll of economists found.The euro zone has been performing stronger recently than at any time since the global financial crisis. That has fueled expectations that the ECB will begin scaling back its quantitative easing (QE) programme after more than two years of bond buying during it which snapped up more than 2 trillion euros worth of mainly ...

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First Published: Fri, September 15 2017. 15:57 IST