Economics

Draghi to calm waters ahead of easy-money exit

European Central Bank chief Mario Draghi will carefully prepare markets for a long-awaited end to the institution's easy-money policy Thursday, analysts expect, but stop short of calling time immediately.

20.07.2017

(AFP) European Central Bank chief Mario Draghi will carefully prepare markets for a long-awaited end to the institution's easy-money policy Thursday, analysts expect, but stop short of calling time immediately.

Most observers predict the Frankfurt-based institution will chart a path to the exit from its "quantitative easing" (QE) mass bond-buying programme at one of its four remaining meetings in 2017.