On Thursday 8 December, the Governing Council of the ECB will make a decision on what to do next with quantitative easing (QE), the operation consisting of buying back €80 billion in mainly public securities every month, that is currently scheduled to run until March 2017.
There was no discussion on the possibility of extending the QE operation or the idea of tapering off the pace of the purchases, the ECB president, Mario Draghi, said on Thursday 20 October. However, he said that it was...