European Central Bank Glides to a Finish

Economists see ECB ending bond-buying program by end of 2018

Policy makers at the European Central Bank will taper monthly asset purchases to zero in the final three months of next year after cutting them in half to 30 billion euros starting in January, according to a Bloomberg survey of economists. Still, most respondents said that decision won’t be taken until June or July as President Mario Draghi and his colleagues fret about upsetting markets by signaling an exit from crisis measures too soon. The ECB meets on Thursday.

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