ECB policymakers agree to 'remain firm' in executing bond-buy plan

April 2, 2015 11:39 AM

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ECB policymakers agree to 'remain firm' in executing bond-buy plan

FRANKFURT (Reuters) - European Central Bank policymakers agreed on March 5 that their asset-purchase plan was warranted and that they needed to remain firm and implement the programme "without hesitation", records of the meeting published on Thursday showed.

At the March 5 meeting, the ECB said it would begin printing money to buy bonds -- so-called quantitative easing (QE) -- on the following Monday (March 9). It also presented updated forecasts from its staff economists that gave a more rosy outlook.

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