Global Weekly: Step by (careful) step

News item -

On Thursday October 27th, the ECB announced how it will handle the next step back to more normal monetary policy. It is a slow and careful approach, designed to not upset markets.

Macro update

The European Central Bank has announced that the pace of asset purchases will remain at EUR 60 billion until the end of the year. But the amount will then be cut to EUR 30 billion starting in January and kept there through September 2018 or even beyond, depending on the inflation environment. 
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