ECB unlikely to commit to QE end date in June meeting
Most economists expect gradual reduction of asset acquisitions, and an open-ended programme
The European Central Bank is expected by most analysts to adopt a flexible approach to the end of its asset purchase programme rather than announcing an unconditional end date after its monetary policy meeting on June 14.
ECB watchers’ expectations remain largely unchanged despite the recent emphasis policymakers have placed on June’s meeting. “Next week, the governing council will have to assess whether progress so far has been sufficient to warrant a gradual unwinding of our net purchases,”
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