Shored up by the convergence of the inflation trajectory towards its main mission, the European Central Bank (ECB) announced on Thursday 14 June that at the end of this year, it will end its operation for the mass buyback of mainly public securities ('quantitative easing' or QE).
Aiming for caution, the European Institute has taken particular care to attach sufficient conditions to its decisions to be able to face any unforeseen circumstances and guarantee a sufficient level of liquidity on...