“Let’s not get too far ahead of ourselves,” warned an uncited ECB rate-setting source. Reuters reports the European Central Bank may discuss technical changes to its asset-buying scheme next week but a decision could be deferred until December when the bank will also decide whether to extend the scheme beyond March.
The reaction – disappointment…
The ECB declined to comment. The sources added that no decision has been made and board proposals have yet to be distributed.
This post was published at Zero Hedge on Oct 12, 2016.
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