Free Trial

Reports That ECB Will Push Back Discussion on Ending Bond Purchases Until 2024

ECB
  • From a recent Reuters piece: ECB policymakers are said to have agreed to delay any talk about ending bond buys until early 2024 and to debate bank reserve requirements only as part of a framework review due in the spring. This is according to two sources telling Reuters.
    • Reportedly, Belgium's Pierre Wunsch, Austria's Robert Holzmann and Latvia's Martins Kazaks have made the case for a debate about an early end to reinvestments since the bank is already tightening policy, according to the piece.
    • "Skipping any substantial discussion of the issue, policymakers agreed on Thursday that the PEPP debate should take place sometime this winter."
    • "The sources added their expectation was that reinvestments would not end abruptly and the ECB would follow the sort of gradual approach it did with the larger Asset Purchase Programme." – Reuters News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.