|Publisher||European Central Bank (ECB)|
|Publication Date||December 2018|
The Governing Council of the European Central Bank (ECB) published on 13 December 2018 its monthly monetary policy decisions. Among the non-standard measures, the ECB announced the decision to halt the net purchases under the asset purchase programme (APP).
The Governing Council decided to keep the key ECB interest rates unchanged, based on existing economic and monetary analyses. It was announced that the ECB would enhance its forward guidance on reinvestment, in the context of the halt of net purchases under the asset purchase programme, coming to and end in December 2018. A warning was also issued on rising uncertainty, following the need to downgrade the economic outlook for the Eurozone for the forthcoming years.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||Monetary Affairs|
|Keywords||Quantitative Easing [QE]
|International Organisations||European Union [EU]|