- Analytics
- News and Tools
- Market News
- ECB's Villeroy: We should end PEPP net purchases in March 2022
ECB's Villeroy: We should end PEPP net purchases in March 2022
In an interview with Boersen Zeitung, European Central Bank Governing Council member and head of the Bank of France François Villeroy de Galhau reiterated his expectation that the current "hump" in inflation is transitory. As a result, he said, that means we should be patient and vigilant and that premature tightening would be a mistake.
From today's perspective, he continued, we should end PEPP net purchases in March 2022, though what the ECB does beyond March 2022 remains up for discussion, with a decision to be taken in December. He noted that an increase in the pace of purchase under the APP is a possibility, but not a necessity.
Market Reaction
EUR/USD continues to trade in the 1.1250 region and has not reacted to Villeroy's remarks.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
