Home » Tapering is here, ECB leaves interest rates unchanged but ‘pace of PEPP net purchases moderately lower than in the previous two quarters’

Tapering is here, ECB leaves interest rates unchanged but ‘pace of PEPP net purchases moderately lower than in the previous two quarters’

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The ECB announced that it had confirmed euro area interest rates, however announcing that the Governing Council of the ECB, “on the basis of a joint assessment of financing conditions and inflation prospects, believes that favorable financing conditions can be maintained. with a pace of net asset purchases under the pandemic emergency purchase program (PEPP) moderately lower than in the previous two quarters “.

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