ECB discusses ‘opening Pandora’s box’ with PEPP review

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ECB discusses ‘opening Pandora’s box’ with PEPP review

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European Central Bank (ECB) on a sunny day, Frankfurt am Main, Germany | spaceport9 - stock.adobe.com

The European Central Bank (ECB) could be considering merging the Pandemic Emergency Purchase Programme (PEPP) and its longstanding Asset Purchase Programme (APP). If it does, this would amount to the bank discarding its self-imposed limits on quantitative easing.

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