文章基本信息

标题：Focus: Liquidity conditions and monetary policy operations in the period from 1 November 2017 to 30 Janaury 2018
作者：Alaoíshe Luskin : Olivier Vergote
期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2018
出版社：European Central Bank
摘要：During this review period, the Eurosystem continued to purchase public sectorsecurities, covered bonds, asset-backed securities, and corporate sector securitiesas part of its asset purchase programme (APP), with a target of €60 billion ofpurchases on average per month until December 2017. The pace of purchases wasreduced to €30 billion on average per month from January 2018, and will continue atthis pace until September 2018, or beyond, if necessary, until the Governing Councilsees a sustained adjustment in the path of inflation consistent with its inflation aim.