Draghi postpones decision on extension of QE
ECB president is aiming to build support for further asset purchases, one analyst argues
Mario Draghi effectively postponed any decision on whether the European Central Bank (ECB) will extend its quantitative easing (QE) programme until the next meeting of its governing council in December.
The council said its monthly asset purchases of €80 billion ($88 billion) were "intended to run until the end of March 2017, or beyond, if necessary", echoing the language it has used in previous monetary policy decisions. The ECB kept its policy rates unchanged, with the main refinancing rate at
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