ECB Will End Bond Buying Program in December

The European Central Bank (ECB) announced it will keep interest rates unchanged at negative 40 basis points and continue bond purchases until December, with a reduction from €30 billion to €15 billion per month starting in October. The ECB plans to end quantitative easing by December. During a live report from Latvia, the euro's movement was discussed, highlighting its potential gain against the dollar. The ECB's positioning and market reactions were also analyzed, with emphasis on the unchanged rates until at least summer 2019.

What is the facility rate mentioned in the text?

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What changes did the ECB make regarding their forward guidance on interest rates?

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What is the amount of bonds the ECB will buy until December?

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What significant announcement was made about quantitative easing?

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What is the expected timeline for the ECB to leave rates unchanged?

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