ECB to mull upping regular bond purchases after emergency scheme: Bloomberg

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September 22, 2021 4:03 AM EDT

FILE PHOTO: The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski/File Photo

FRANKFURT (Reuters) - The European Central Bank will discuss whether to raise its regular bond purchases when its pandemic-fighting scheme ends, ECB policymaker Madis Muller said in an interview published on Wednesday.

"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".

(Reporting By Francesco Canepa; Editing by Kevin Liffey)


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