What key question arises regarding the ECB's bond purchases?
ECB Leaves Key Interest Rates Unchanged
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The ECB announced no changes to its main financing rates, maintaining the status quo. The quantitative easing program will continue until at least September, with €30 billion in monthly bond purchases starting January. Market reactions were minimal, with the euro and bond markets showing little movement. The ECB meeting is expected to provide updates on growth and inflation forecasts, with a focus on whether inflation expectations will be adjusted upwards.
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What are the expectations for the ECB's growth and inflation forecasts?
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