ECB on course to begin QE exit plan despite headwinds

Financial Times , Jun 13, 2018
by Claire Jones

The European Central Bank looks set to brush aside concerns about stiffening economic headwinds and begin discussions about how to wind down its €2.4tn bond-buying programme this week.

ECB officials have long hinted that they would use the summer to lay out plans to end quantitative easing.

When they began to think through their exit plans last year, the eurozone’s recovery looked as though it would be strong enough to withstand the withdrawal of stimulus.

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