-
Low risk ECB extends QE into next year, say economists
The European Central Bank will end its asset purchases by year-end as scheduled, according to a Reuters poll of economists who said the risk bond-buying will continue into next year was low, even with growth likely to slow and inflation stay tame. After outpacing major peers over the past two years, the euro zone economy has lost some momentum from last year’s decade high and the latest poll of over 90 economists taken June 19-22 showed a slight cut to growth forecasts for this year. The currency bloc’s economy is now forecast to expand at 2.2 percent this year, a slight downgrade from 2.3 percent in the same ... (full story)