ECB Hints at Rethink on Bonds
The ECB has given the clearest hint yet that its controversial government bond purchases could end as financial market tensions ease and economic prospects improve.
Government bond buying by the ECB started at the height of the eurozone debt crisis in early May, when liquidity conditions deteriorated sharply for several nations’ bonds and almost dried up for Greece.
European Central Bank
The ECB is widely expected to order a further reduction in official eurozone interest rates by a quarter point to 1.0% when its Governing Council meets on Thursday. It is also tipped to embark on unconventional monetary policy moves, taking its lead from the Bank of England and the Federal Reserve with so-called quantitative easing.

