The ECB do not want to call it “tapering” of Bond purchases but prefer to call it purchase with a moderately lower pace"
Central bank says it will conduct bond purchases as a ‘moderately lower pace’
Normally with news like this, it will send the stock price down for a while as there will be less liquidity in Market.
FED might be doing the same action this year. So it is just a matter of time before FED start doing the same thing. I am preparing more cash sitting in the sideline to buy the dip.