ECB May Not Have Final QE Plan Ready Until December
- People familiar with the matter cite complexity of stimulus
- Broader signals, lacking full detail, may be given in October
ECB Sees Chance of QE Plan Not Ready Until Dec.
This article is for subscribers only.
European Central Bank policy makers may not be ready to finalize their decision on next year’s bond-purchase plan until just a couple of weeks before the current program expires, according to euro-area officials familiar with the matter.
While the Governing Council is set to hold its first formal talks next week on its stimulus path for 2018, there is no appetite to rush into a decision then and the complexity of the topic means the full details of the plan might not be settled at the Oct. 26 policy meeting, the people said. They asked not to be named because such informal discussions are confidential.