Searcher

Published on Thursday, September 9, 2021

ECB sets stage for crucial December decision on bond purchases and other measures

As expected, the ECB announced a moderate slower pace of net asset purchases under the PEPP for next quarter, as compared to that in the previous two quarters. The decision was taken by unanimity by the Governing council on the back of favourable financing conditions and slightly better inflation outlook

Key points

  • Key points:
  • The ECB will “moderately” slow purchases under the PEPP program during the next quarter
  • Inflation projections are raised, but they remain well below 2% in the medium term and the ECB continues to see current pressures as temporary
  • The discussion on future of the PEPP and other measures is postponed until December

Documents to download

Geographies

Topics

New comment

Be the first to add a comment.

Load more

You may also be interested in