FRANKFURT, Germany | European Central Bank to weigh end to stimulus program

14Jun - by Editor - 0 - In STL.News



FRANKFURT, Germany — The European Central Bank is meeting to discuss when and how to end its bond-buying stimulus program, an exit that will have far-reaching consequences across the economy.

The bank, which sets monetary policy for the 19 countries that use the euro, has been buying 30 billion euros ($35.5 billion) a month in government and corporate bonds from banks. The purchases are slated to run at least through September, and longer if necessary.

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