The European Central Bank is keeping its key interest rate at zero percent and will continue its 60-billion-euro a month bond-buying program until at least December of this year.
The EU's central bank has decided to curb its monthly bond purchases by half. But DW's Henrik Böhme deplores that an end to what he believes is a risky zero-interest policy is not yet in sight.
Prices in Germany rose faster than expected in November, strengthening the case of the European Central Bank, which has argued that its economic stimulus will eventually lead to more growth and higher inflation.
The European Central Bank has announced a cut in its bond-buying economic stimulus program, taking its biggest step yet towards unwinding years of loose monetary policy introduced in the wake of the financial crisis.
For nine years, interest rates have fallen and the European Central Bank has fired up the economy with a flood of money. It is becoming increasingly clear that this cannot last forever.
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