# ECB says its massive bond-buying program will likely end in December

> The ECB said its monthly bond-buying program of 30 billion euros will be cut to 15 billion euros in the last quarter of 2018 and likely end in December. Interest rates are expected to stay at present levels at least through summer 2019. The plan depends on incoming economic data.

- Date: 2018-06-14 · published 2018-06-14T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/64727-ecb-says-its-massive-bond-buying-program-will-likely-end-in-december
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

The ECB's policy path shifts the euro-dollar outlook, which affects dollar-based feed commodity prices and the competitiveness of US exports.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-06-14 | [ECB to end crisis-era stimulus programme in December](https://feedsoft.ai/events/64729-ecb-to-end-crisis-era-stimulus-programme-in-december.md) | -1.6% | -0.8% |
| EURUSD | 2021-02-26 | [EXCLUSIVE ECB's Stournaras calls for increasing bond buying to calm markets](https://feedsoft.ai/events/9589-exclusive-ecb-s-stournaras-calls-for-increasing-bond-buying-to-calm-markets.md) | -1.5% | -3.7% |
| EURUSD | 2020-06-04 | [ECB ramps up its pandemic bond buying to 1.35 trillion euros](https://feedsoft.ai/events/52841-ecb-ramps-up-its-pandemic-bond-buying-to-1-35-trillion-euros.md) | +1.0% | +0.1% |
| EURUSD | 2019-09-12 | [European Central Bank launches new bond-buying program](https://feedsoft.ai/events/57280-european-central-bank-launches-new-bond-buying-program.md) | +0.5% | -0.2% |
| EURUSD | 2022-04-29 | [ECB's Lane: Euro depreciation will be important factor in shaping ECB projections](https://feedsoft.ai/events/42066-ecb-s-lane-euro-depreciation-will-be-important-factor-in-shaping-ecb-projections.md) | +0.1% | +2.1% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/06/14/ecb-holds-rates-discuss-qe-end.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.