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De Cos Wants Bond-Buying To Remain Flexible After Pandemic

ECB
  • De Cos: Uncertainty In Euro Area Is Still Very High (BBG)
  • New Guidance Is First Example Of ECB Resolve To Act (BBG)
  • PEPP Should Last As Long As Pandemic Impacts Economy (BBG)
  • As per the article:
    • "The main lesson to be drawn" from the program is that the power to skew purchases toward parts of the economy that need it most "has notably increased not only the effectiveness but also the efficiency" of it, the Bank of Spain Governor said Tuesday in a written response to questions from Bloomberg.

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