ECB satisfied with effects of QE, no plans to end it early


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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Meta Bright secures RM28mil financing from AmBank
Tex Cycle partners Evolusi Bersatu for Sabah's first integrated waste management facility
Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns
Boost EMS sector in Sarawak
Not timely to water down issue
SC partners IsDB to advance Islamic capital market, social finance
TA Securities values ACE Market-bound Sin-Kung at 16.5 sen
ACE Market-bound Kawan Renergy aims to raise RM33mil from IPO
Mavcom to continue ensuring high-quality of airports through its framework
China's economy on stable, positive trajectory

Others Also Read