Market Talk: Quantitative easing party may be over

It looks like the ECB may finally be about to turn off its golden tap of quantitative easing. But what comes next?

Mario Draghi: getting ready to ease back on quantitative easing?Getty

The party’s finally over

The greatest party the financial world has ever seen had to end some time. Since the economic crash of 2008, the extraordinary measures taken by central banks to prevent a global recession becoming a global depression were at some point going to be unwound. It appears the punch bowl may finally be taken away from the last people still partying.

The European Central Bank was late to get on ...