ECB strikes dovish tone as asset purchases set to end

The ECB announced today that its asset purchase programme will end in December. But its other communications reinforced our long-held view that interest rates will not rise until at least September 2019. And the Bank kept the door open to renewed asset purchases in future if necessary.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.