ECB Tapering Decision May Take Until October
- People familiar with the debate say September may be too soon
- President Draghi says bond-buying to be discussed in the fall
UniCredit's Nielsen Expects January 2018 ECB Taper
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The European Central Bank may not make a decision on the future of its bond-buying program until October, euro-area officials familiar with the matter said.
While Governing Council members expect to start a tapering discussion at their next policy meeting on Sept. 7, they see reason to doubt they’ll be able to reach a conclusion then, the people said, asking not to be identified because the deliberations are private. An ECB spokesman declined to comment.