LUXEMBOURG: The European Central Bank is satisfied with the effects of its bond buying programme on the economy and inflation and has no intention of ending it prematurely, ECB Executive Board Member Yves Mersch said on Saturday.
In March, the ECB started buying 60 billion euros worth of euro zone government bonds a month to inject more cash into the economy and reverse a trend of falling prices.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!