Fragile capital markets cheer as ECB boosts Pepp
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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.

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