Policy-makers led by President Mario Draghi confirmed that they’ll stop net purchases this month, ending almost four years of quantitative easing. ECB policy-makers led by President Mario Draghi confirmed that they’ll stop net purchases this month. Updated economic projections to be released by Draghi will show downgrades to the inflation and growth outlooks, according to people familiar with the matter. That’s equivalent to more than 40 per cent of economic output, compared with 20 per cent at the Fed. According to the ECB’s latest estimate, the purchases will have added a cumulative 1.9 percentage points each to growth and inflation from 2016 to 2020.

Source: thestar December 13, 2018 13:07 UTC