Spiegel with the report
German's Der Spiegel reports that the ECB is planning to withdraw super-expansionary policy. They say that from July onwards, central bank officials will signal to the public and the markets that downside risks are diminished and that inflation is headed towards target.
Sometime in the Fall, the ECB will then unveil how it will exit from its current asset buying program. They say the monthly 60-billion euros of QE will be tapered in steps of 10-20 billion euros and then close to the end of 2018, the plan is to begin raising rates.
