ECB Extending QE Program at Slower Pace

The video discusses the market situation influenced by Mario Draghi's interview, focusing on the extension of the bond buying program until December. The program will be reduced from 80 billion to 60 billion, described as 'skinnier but longer.' Although not termed as tapering, this reduction may affect markets, potentially increasing the euro's value and impacting spreads, especially in peripheral regions.

What was the main change in the bond-buying program discussed in the first section?

• An increase in the bond-buying amount to 100 billion.

• A reduction of the bond-buying amount to 60 billion.

• An extension of the program to March.

• A complete halt of the bond-buying program.

How do economists describe the new bond-buying program?

• Shorter but more intense.

• More aggressive and shorter.

• Skinnier but longer.

• Broader and faster.

What is Mario Draghi expected to avoid mentioning in the press conference?

• The term 'tapering'.

• The euro's value.

• The program's end date.

• The bond-buying amount.

What market reaction is anticipated due to the bond-buying reduction?

• Stability in the euro's value.

• A rise in the euro's value.

• A decrease in the euro's value.

• A fall in stock prices.

Which area is expected to experience widening spreads due to the bond-buying changes?

• The Asian markets.

• The periphery of the eurozone.

• The core of the eurozone.

• The United States.