Analysts surveyed by Reuters unanimously said the ECB would close its bond purchases in less than three months; despite political and trade concerns, the ECB was less likely to extend its bond purchases.
The ECB has bought more than 2.6 trillion euros of bonds since March 2015, most of them bonds. The central bank is slowly scaling back its bond purchases in the hope that it has done enough to stimulate growth and inflation.
The European Central Bank has been steadily reducing monthly bond purchases, although there is ample evidence that the eurozone has reached a peak in economic growth and increased economic and political risks.
However, all 70 analysts who answered an additional question said the ECB was less likely to extend its bond purchases. At the time of the investigation, the Italy cabinet has not yet discussed the 2019 budget.
The cabinet of Italy is expected to approve the budget on Tuesday. As the projected deficit level in the budget will jump, the financial market turbulence will be triggered.
The latest Reuters poll of more than 80 analysts on October 9-15 also showed that eurozone inflation will be below the ECB target by at least 2021.

<>The ECB will continue to phase out quantitative easing, despite all kinds of ris

 

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