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Published on Friday, September 14, 2018 | Updated on Friday, September 14, 2018

The ECB on track to end QE

Summary

The ECB has set out along the path towards ending QE, since monthly asset purchases will be halved from September, but it has made no changes to its future guidance on interest rates. In the next few months attention will be focused on how the reinvestment policy will be implemented and when and at what pace interest rates will start to rise.

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Documents and files

Report (PDF)

BCE_Watch_0918

Spanish - September 14, 2018

Report (PDF)

ECB_Watch_0918

English - September 14, 2018

Authors

SC
Sonsoles Castillo BBVA Research - Chief Economist for Financial and Economic Analysis
AG
Agustín García BBVA Research - Principal Economist
MM
María Martínez BBVA Research - Principal Economist
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