ECB said to be considering cutting QE to 30bn a month from January 2018
|Bloomberg quoted the officials familiar with the debate on the ECB’s QE programme, citing that the ECB is said to be considering cutting QE to 30bn a month from January 2018.
Meanwhile, Bloomberg noted that the Council members have yet to officially discuss options.
Key Points:
ECB said to consider extending QE until at least September 2018
Officials noted that reducing the quantitative easing to 30 billion euros a month from the current pace of 60 billion Euros is a feasible option
The central bank's governors are split on the need to identify an end date for purchases, a pledge to keep buying bonds until September -- with the proviso that it could be extended if needed -- may offer grounds for compromise, they added.
An ECB spokesman declined to comment
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