Time to taper? Euro zone bond markets brace for ECB shift
The ECB will debate whether to end its 2.55 trillion-euro ($3 trillion) bond-buying scheme by the end of the year and is expected to signal a policy shift, following hawkish comments from some top ECB officials last week.
This comes a day after the Federal Reserve raised US interest rates as expected and signalled two more increases this year, citing higher inflation.
According to Deutsche Bank analysts, the Fed hike means a total of 15 rate rises in 2018 from the 23 biggest central banks globally, compared with just seven rate cuts.
Published Date: Jun 14th, 2018 06:41 PM | Updated Date: Jun 15, 2018 06:19 AM IST