The main European stock indexes finished Thursday in the red - DAX (Germany) fell 1.57%, FTSE 100 (UK) - 0.71%, CAC 40 France - 1.54%. The pressure was put on them by the results of the meetings of the Bank of England and European Central Bank, which started to move towards the tightening of the monetary policy. The European Central Bank did not raise its key rate this time, leaving it at zero, but it announced the curtailment of the asset-purchase program, which operated within the framework of PEPP. During the first three months of this year, the volume of purchases will be reduced, and by the end of March it is planned to complete the program. The Bank of England raised the key rate to 0.5%, but left the asset buyback program unchanged - it will still be allocated £895 billion. According to leading Berenberg economist Holger Schmieding, whose opinion leads The Wall Street Journal, the European regulator though slower than the Fed and the Bank of England, but still begins to tighten its policy against the background of continuing high inflation.