ECB Buys Record Amount of Debt as QE Frontloaded Before Holidays

``The European Central Bank bought a record monthly amount of assets under its quantitative-easing program in November in an attempt to frontload purchases before market liquidity may dry up during the holiday season... Policy makers will decide on Thursday whether to extend QE past the provisional end-date of March as they strive to reach their inflation goal. Economists in a Bloomberg survey foresee purchases continuing for around a further six months, most likely at 80 billion euros a month, an extension that may require easing some of the ECB's self-imposed rules.''