ECB Said to Prepare Broad-Based QE Package for Jan. Meeting (FXE)

(Updated - December 4, 2014 12:37 PM EST)

ECB said to prepare board-based QE package for Jan. meeting, according to Bloomberg headlines.

UPDATE - According to sources, the package will contain all types of bonds and no equities. Sovereign debt could be included.

Design of the package hasn't been finalized and the overall composition will be based on incoming data.

The ECB Governing Council will hold its next policy meeting on January 22, 2015.

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