ECB Chief Economist Confirms June Meeting Is Crucial for QE Decision
- Some officials consider Riga gathering right time for decision
- U.S. trade spat, economic slowdown and Italy still pose risks
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European Central Bank policy makers anticipate holding a pivotal discussion at their meeting next week that could conclude with a public announcement on when they intend to cease asset purchases, according to euro-area officials familiar with the matter.
President Mario Draghi’s Governing Council is likely to treat the June 14 gathering in Latvia as an opportunity to debate winding down bond-buying, said the officials, who asked not to be named because such matters are confidential. Purchases are currently intended to run until at least September.