The European Central Bank’s asset purchase program has accumulated €1.5 trillion in debt instruments since it started in 2014. The ECB will meet Thursday and plans to announced the third round of its quantitative easing program targeted at stimulating the economy within the eurozone. The ECB increased its monthly purchases rate from €20 billion to €80 billion in of qualified debt –mostly government debt, but also asset-backed, bank and corporate debt–, investors will be watching this week’s meeting to see if that amount will be drawn down to €60 billion per month.
Evolution of ECB quantitative easing program
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