ECB President Lagarde signals faster end to bond purchases ...Middle East

European Central Bank President Christine Lagarde said the Bank is likely to discuss speeding up the shrinkage of its balance sheet by ending the last of its bond purchases earlier than plannedLagarde was speaking at a hearing in the European parliament on Monday.The Financial Times had the report, gated. ---Lagarde's comments on this are the clearest she has been on reducing bond buying next year, which at the margin is a tightening in policy.Much of the Bank's bond-buying was stopped last year but it continues reinvesting the proceeds of maturing securities in its portfolio holdings. This article was written by Eamonn Sheridan at www.forexlive.com.

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Last updated : 28 Nov 2023 clock 03:20 AM

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ECB President Lagarde signals faster end to bond purchases ...Middle East

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