Lemanik

27-10-2017

ECB leaves rates unchanged, QE to drop

The European Central Bank on Thursday left interest rates unchanged at historic lows and said its bond-buying programme (quantitative easing, QE) would fall from the present rate of 60 billion euros a month to 30 billion from January to September. It will continue at 60 billion a month until December. However, the ECB said its bond buying programme could go up again if needed. ANSA