Draghi Dials Down ECB Stimulus as QE's Distant Fate Debated
- ECB to reduce QE purchase volume by EU20b starting April
- Move may mark a shift amid years of ultra-loose policy
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Mario Draghi’s flagship quantitative-easing program is slowing down with age.
After this week, the European Central Bank will reduce monthly purchases of public and private debt to 60 billion euros ($64 billion) a month. While the president has promised this will continue until at least the end of the year, the pace will be cut from the current 80 billion euros.