ECB to End Bond-Buying Program at December as Crisis-Era Insurance Guidelines Wind Down

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The Latvian central bank at Riga, in which ECB President Mario Draghi is Devoting his media conference.


Photo:

Jasper Juinen/Bloomberg Information

RIGA, Latvia–The European Central Bank organized ideas Thursday to wind down its €2.5 trillion ($2.9 trillion) bond-buying program by December, however said it didn’t be prepared to raise rates “in the least through summer time of 2019. ”

The movement draws a line under a contentious policy that times divided the ECB’s rate-setting committee and triggered sharp criticism from community officials in the currency bloc’s biggest market, Germany.

. . .but lags far supporting the U.S. central bank in raising interest …

Interest-rate targets

Eurozone

U.S.

Percent

6

5

4

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