ECB to shut asset purchase programme by end-2018 – Reuters poll
Reuters came out with the latest poll of economists on the ECB’s monetary policy and economic outlook going forward.
Key Findings of the poll:
52 of 60 economists say European central bank to shut asset purchase programme by end-2018.
Remaining expect by mid-2019.
ECB to leave policy unchanged at Dec 14 meeting.
Keep rates on hold through end-2018.
Euro zone GDP growth seen at 0.6% Q3-Q4 2017, 0.5% Q1–Q4 2018 (0.6% Q3 2017, 0.5% Q4 2017-Q4 2018 in Nov 17 poll).
Euro zone inflation to average 1.5% in 2017 and 1.4% in 2018 (same as Nov 17 poll).