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ECB gets ready to pull the plug on stimulus scheme


Financial investors are coming to terms with the end of a decade of easy money from the world’s top central banks, with the Federal Reserve on Wednesday raising interest rates for a seventh time in 3½ years in a further shift from policies used to battle the 2007-2009 financial crisis and recession.

Financial investors are coming to terms with the end of a decade of easy money from the world’s top central banks, with the Federal Reserve on Wednesday raising interest rates for a seventh time in 3½ years in a further shift from policies used to battle the 2007-2009 financial crisis and recession.

FRANKFURT: The European Central Bank (ECB) will debate whether to end its huge asset purchases by year-end, in what would be its biggest step towards dismantling crisis-era stimulus credited with pulling the eurozone economy out of recession.

Financial investors are coming to terms with the end of a decade of easy money from the world’s top central banks, with the Federal Reserve on Wednesday raising interest rates for a seventh time in 3½ years in a further shift from policies used to battle the 2007-2009 financial crisis and recession.

Corporate News , Banking , ECB

   

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