Amid heightened political and economic uncertainty, President Mario Draghi seems set to announce another six-month extension to the ECB’s Asset Purchase Programme this month. We expect purchases to continue at the current pace of €80bn per month. The Bank should also outline changes to the limitations on the programme to allow it to be implemented in full and perhaps to continue beyond September 2017 if necessary.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services