FILE PHOTO: Specialists work on a crane in front of the European Central Bank (ECB) in Frankfurt, Germany

ECB to Mull Upping Regular Bond Purchases After Emergency Scheme: Bloomberg

“I realise that it would be a problem if there is a very sharp cliff effect at the end of the pandemic emergency purchase programme (PEPP),” the Estonian central bank chief was quoted as saying by Bloomberg.

He reportedly added that increasing the ECB’s Asset Purchase Programme would be “part of the discussion we will have on how to phase out PEPP and what it would mean for asset purchases going forward”.

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(Reporting By Francesco Canepa; Editing by Kevin Liffey)