The decision to end the bond purchase program followed a review of the three considerations we have used from the outset: (i) the actions of other central banks; (ii) the functioning of our bond market; and (iii) the actual and expected progress towards our goals. All three considerations pointed to the same conclusion – to end the program.
Jorgovanka Tabaković: Overview of developments in the Serbian economy Introductory address by Dr Jorgovanka Tabaković, Governor of the National Bank of Serbia, at the presentation of the Inflation Report – May 2014, Belgrade, 14 May 2014.