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Europe Daily Bulletin No. 11847

25 August 2017
NEWS BRIEFS / Ecb
ECB has acquired €1.7 billion worth of public bonds in quantitative easing

24/08/2017 (Agence Europe)As of Friday 18 August, the European Central Bank had bought €1.689 billion of sovereign bonds or public entities as part of its quantities easing (QE).  It had also bought more than €105 billion of private corporate bonds. It says that economic recovery and the rise in inflation (to 1.3% in July) are sufficiently robust in the eurozone and in the autumn the ECB will decide on gradual exiting from QE from the start of 2018 onwards (see EUROPE 11834)(MB)