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Fixed Income and FX Strategy
Didier BOROWSKI, Philippe ITHURBIDE
The ECB has already started “tapering” less corporate purchases than other programmes since April 2017, the month which saw the reduction from €80bn to €60bn of monthly purchases. Recently, President Draghi was not the only member of the ECB Governing Council noting that in 2018 the “ECB will continue buying sizeable quantities of corporate bonds in the programme”.
Laura FIOROT, Claudia BERTINO
Co-Head of Quantitative Research
Global Head of Research