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ECB to Mull Upping Regular Bond Purchases After Emergency Scheme: Bloomberg

By:
Reuters
Updated: Sep 22, 2021, 08:53 GMT+00:00

FRANKFURT (Reuters) - The European Central Bank will discuss whether to raise its regular bond purchases when its pandemic-fighting scheme ends, ECB policymaker Madis Muller said in an interview published on Wednesday.

FILE PHOTO: Specialists work on a crane in front of the European Central Bank (ECB) in Frankfurt, Germany

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“I realise that it would be a problem if there is a very sharp cliff effect at the end of the pandemic emergency purchase programme (PEPP),” the Estonian central bank chief was quoted as saying by Bloomberg.

He reportedly added that increasing the ECB’s Asset Purchase Programme would be “part of the discussion we will have on how to phase out PEPP and what it would mean for asset purchases going forward”.

For a look at all of today’s economic events, check out our economic calendar.

(Reporting By Francesco Canepa; Editing by Kevin Liffey)

 

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