World Economy The article was published in No. 4325 dated May 22, 2017 under the title: The ECB protects the markets

The ECB does not want to repeat the mistakes of the Fed

He does not want to cause panic among investors with careless statements about curtailing monetary stimulus May 21 23:33

Alexey Nevelsky
/ Vedomosti

The ECB is worried that even a small change in its rhetoric could hit financial markets and undermine efforts to boost growth and inflation, writes WSJ Reuters

Investors are awaiting changes to the European Central Bank's (ECB) monetary stimulus program as the eurozone economy recovers. Every month the regulator spends 60 billion euros on the purchase of bonds and does not want to repeat the mistakes of the US Federal Reserve, which provoked panic in world markets in 2013 by warning about the gradual winding down of its program ($85 billion per month).

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The ECB does not want to repeat the Fed's mistakes