ECB All but Certain to Keep Buying Bonds Beyond March, Ease QE Rules – Central Bank Sources

by Francesco Canepa and Frank Siebelt
Reuters UK

The European Central Bank is nearly certain to continue buying bonds beyond its March target and to relax its constraints on the purchases to ensure it finds enough paper to buy, central bank sources have told Reuters.

The moves will come in an attempt to bolster what is being heralded as the start of an economic recovery in the euro zone.

ECB policymakers are due to decide in December on the future shape and duration of their 80 billion euros (£71.58 billion) monthly quantitative easing (QE) scheme, based on new growth and inflation forecasts.

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