ECB Said to Talk Taper at the Conclusion of QE

The transcript discusses the European Central Bank's (ECB) current thinking and plans regarding its bond-buying program. It highlights the informal discussions among ECB officials about tapering the program, similar to the Federal Reserve's approach. The ECB is currently purchasing €80 billion a month and plans to gradually reduce this amount. The timing of this tapering is still undecided, and the ECB intends to continue its stimulus as long as necessary, considering bond scarcity issues. The program is set to run through March 2017 or longer if needed.

What is the main focus of the ECB's current discussions?

• Increasing interest rates

• Reducing inflation

• Tapering the bond-buying program

• Introducing new currency

How much is the ECB currently buying in bonds each month?

• €50 billion

• €80 billion

• €100 billion

• €120 billion

What is the ECB's approach to ending its bond-buying program?

• Switching to stocks

• Stopping immediately

• Gradually tapering

• Increasing purchases

What issue does the ECB need to address while continuing its stimulus?

• Rising unemployment

• Currency devaluation

• Bond scarcity

• Trade deficits

Until when is the ECB's bond-buying program currently set to run?

• December 2016

• March 2017

• June 2017

• September 2017