2.6 trillion Euro invested by the ECB in bonds of companies and countries. Now the end of new purchases has been decided. For savers, there will be no rising interest rates.
The European Central Bank is terminated at the end of the year, as planned, the additional bond purchases. Thus, the monetary authorities can set one of your major crisis instruments, which was especially controversial in Germany.
so Far, the ECB has invested around 2.6 trillion euros in bonds issued by companies and countries to support the financial markets. According to a spokesperson for the Central Bank wants to invest the interest proceeds of the program bonds, and “for an extended period of time beyond the date at which the ECB would raise interest rates”.
bond purchases since 2015, the main weapon of the ECB in the fight against a weak economy, and from their point of view to low Inflation. Meanwhile, the economy runs better.