Why The ECB Will Keeping Buying Bonds For As Long As It Takes

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Rupert Hargreaves
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BAML does not think buying bonds by the ECB will not stop anytime soon The European Central Bank holds its next monetary policy meeting on Thursday and investors are on the look out for any signal from the bank on its plans to scale back its €60 billion  bonds buying stimulus program. Speculation that the central bank will scale back its bond buying has pushed the Euro to a multi-year high against the dollar in the past few months with the currency hitting $1.20 at the end of August, its highest level since the beginning of 2015. Analysts at UBS…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk