Mario Draghi has joined most of the world’s other major central bankers in halting his crisis-era economic stimulus programme, announcing yesterday that the European Central Bank would called time on its contentious €2.6tn bond-buying programme.
The decision, reached unanimously by the ECB governing council, ends nearly four years of monthly purchases of new government and corporate bonds in the eurozone, a policy Mr Draghi credited with occasionally being “the only driver of this recovery”.
Although the ECB has long signalled it would end new purchases this month, the move marked a milestone for the eurozone, which will now be left to manage its economy with more traditional tools such as interest rate changes.
您已阅读26%（719字），剩余74%（2048字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。