ECB to Start Laying Groundwork for Stimulus Exit

European Central Bank President Mario Draghi is set to start laying the groundwork for stimulus reduction when policymakers meet on Thursday, giving investors some hints but probably holding off on any major commitment.

Concerned that strong signals could raise market volatility and undo its plans, ECB policymakers are seen shifting their message only incrementally, setting up for a bigger move in October or December, before its 2.3 trillion euro ($2.74 trillion) bond purchase scheme expires at the end of the year.

In the ultimate decision over extending or winding down the purchases, Draghi will have to resolve a dilemma: euro zone economic growth is on its best run in a decade, yet inflation is weak and will miss the ECB’s target for years to come. That raises questions about the central bank’s ability to fulfill its mandate of keeping inflation close to but below 2 percent.

The relentless firming of the

admin

admin

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<