Summary

The European Central Bank (ECB) is scheduled to end its landmark bond-buying program by the end of December. The quantitative easing (QE) plan saw the ECB buy up some 2.5 trillion euros worth of government bonds to depress yields and fend off deflation following the Great Recession.

If all goes according to plan, the now 15-billion-euros-per-month-purchases will be wrapped up at a scheduled meeting on December 13.