All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Fragile capital markets cheer as ECB boosts Pepp


Nobody could say ECB president Christine Lagarde did not deliver. The central bank promised on Thursday that the pace of buying for its Pandemic Emergency Purchase Programme would be “significantly increased” for the next quarter. Bond market participants were relieved, with one saying it has been “built on egg shells”, writes Lewis McLellan.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login