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RSS FeedsEurope`s easy money taps to be tightened _ very slightly
(WorldNews Europe)

 
 

20 october 2017 15:38:13

 
Europe`s easy money taps to be tightened _ very slightly
(WorldNews Europe)
 


FRANKFURT, Germany (AP) -- The economy of the 19 countries that use the euro currency is growing ever stronger, and it's time for the European Central Bank to start telling the public how it will phase out its extraordinary stimulus measures. But rest assured: The era of easy money isn't ending just yet in Europe, say analysts. The bank will ease off its month bond-buying stimulus slowly - and interest rates likely won't be raised for nearly another two years. While ECB President Mario Draghi and other officials have said that they will decide on some aspects of stimulus withdrawal at their meeting Thursday, they have also gone to great lengths to underline that stimulus will...


 
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