The ECB is expected to announce that it will trim its monthly asset purchases to €40 billion euros from the current €60 billion from January. Photo: Bloomberg
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

European Central Bank’s decision to reduce asset purchases not a true indicator of bloc’s economic health

Slowed pace of purchases is likely to be accompanied by commitment to keep benchmark rates lower for longer

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The ECB is expected to announce that it will trim its monthly asset purchases to €40 billion euros from the current €60 billion from January. Photo: Bloomberg
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