ECB Officials Differed on Future of QE at October Meeting - News Summed Up

ECB Officials Differed on Future of QE at October Meeting


FRANKFURT—European Central Bank President Mario Draghi appears to have gone beyond what top officials agreed by stating last month that the ECB’s giant bond-buying program will continue beyond next September. The minutes of the ECB’s October meeting, published on Thursday, show officials were divided over whether to announce a concrete end-date for their bond purchases, known as quantitative easing or QE—and didn’t agree to any extension or wind-down phase after September 2018.


Source: Wall Street Journal November 23, 2017 13:20 UTC



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