ECB commits to tapering bond purchase programme
Unanimous decision says bond purchases will taper if data confirms medium-term outlook
The governing council of the European Central Bank voted unanimously to taper its asset purchase programme today (June 14), but also strengthened its communication on future policy rates.
The fact that the governing council’s decision had been unanimous gave it “a special strength”, president Mario Draghi emphasised in a press conference.
The ECB’s announcement was not a straightforward pledge to end the asset purchase programme. It said it would continue with the APP until September at the
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