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Western Europe March 11, 2021 / 12:59 pm UTC

ECB to Increase Pace of PEPP Purchases (Significantly), But Why?

By Andrew Wroblewski, Anoop Bindra Martínez
While formal policy was kept on hold at today's meeting, the ECB Council announced that based on a joint assessment of financing conditions and the inflation outlook, the Governing Council expects purchases under the PEPP over the next quarter to be conducted at a significantly higher pace than during the first months of this year