The European Central Bank left interest rates on hold on Thursday, in what was a widely anticipated decision and said it expects to wind up its bond-purchasing stimulus program in December.
The ECB said it anticipates that its asset purchase program will end in December after halving to €15 billion per month from September 2018, from €30 billion at present.
The ECB also pledged to keep interest rates unchanged until at least the middle of next year.
"The Governing Council expects the key ECB interest rates to remain at their present levels at least through the summer of 2019 and in any case for as long as necessary to ensure that the evolution of inflation remains aligned with the current expectations of a sustained adjustment path," the Draghi said.
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