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The ECB should extend its bond-buying programme

Melvyn Krauss, (2018), “The ECB should extend its bond-buying programme”Financial Times, 18 November

The European Central Bank is signalling that it intends to end its €2.5tn quantitative easing programme next month. Mario Draghi, ECB president, made that clear at the bank’s monthly meeting in October. Yet the recent eurozone growth numbers were the weakest since 2014. The danger for the ECB is that it will have to start QE up again soon after ending it.

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