Loading ...“Prior to the vote, a Reuters poll from last Thursday cited 52 of 60 economists saying they expected the ECB to announce an extension to its quantitative-easing (QE) program beyond the currently scheduled end date of March 2017.
Of those anticipating an extension, the overwhelming majority of those polled see the program being extended by six months to September 2017 at the current pace of 80 billion euros ($85 billion) per month. Around a quarter of respondents, however, expect the prolonged timing to be accompanied by a reduction in the pace of purchases by either 10 billion euros or 20 billion euros per month.”