ECB stops its printing presses even as growth concerns rise
Share:
FRANKFURT (Reuters) - The European Central Bank decided on Thursday to end its lavish asset purchase scheme but otherwise kept policy broadly unchanged, promising protracted stimulus for an economy struggling with an unexpected slowdown and political turmoil. Having long flagged the end of quantitative easing, the ECB had little choice but to stop the bond buys. But it is likely to take its time before tightening policy any further given slower growth, a looming trade war, the prospect of a hard..