The ECB has given a policy decision today: its quantitative easing (QE) programme will be scaled back from €80bn to €60bn a month. For some, this looks a lot like a taper - and, when the US embarked on such a policy in 2013, markets balked, interpreting the move as a harbinger of the end of ultra-loose monetary policy.
Is QE being wound down? For this story and others shaping markets today, Share Radio's Ed Bowsher was joined in the studio by Tom Stevenson, Investment Director at Fidelity International.
