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Economy of the European Union

The value of the euro falls by 1% after the European Central Bank announces that it expects to halve net bond purchases to EUR15 billion per month from October to December, then end "quantitative easing" by the close of the year, while not raising interest rates.

The European Central Bank (ECB) outlined plans to end its massive stimulus program by the end of this year.

  1. AFP via ''Yahoo!'' News
  2. CNBC (Image)
  3. Reuters

Changes:

  1. The European Central Bank announces that it expects to halve net bond purchases to EUR15 billion per month from October to December, then end "quantitative easing" by the close of the year, while not raising interest rates.
  2. The value of the euro falls by 1% after the European Central Bank announces that it expects to halve net bond purchases to EUR15 billion per month from October to December, then end "quantitative easing" by the close of the year, while not raising interest rates.

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