FXStreet (Mumbai) – A Reuters poll of economists showed on Thursday, the European Central bank (ECB) shall meet achieve its target of expanding balance sheet to EUR 3.3 trillion by Sept 2016 and thus, would shut its QE program.

A Reuters poll of economists showed on Thursday, the European Central bank (ECB) shall meet achieve its target of expanding balance sheet to EUR 3.3 trillion Euros by Sept 2016 and thus, would shut its QE program.

There was also a talk of the ECB front loading its QE program in May and June due to seasonal issues. However, there are no signs of bank front loading QE so far.

A Reuters poll of economists showed on Thursday, the European Central bank (ECB) shall meet achieve its target of expanding balance sheet to EUR 3.3 trillion by Sept 2016 and thus, would shut its QE program.

(Market News Provided by FXstreet)

By FXOpen