The debate on the Pandemic Emergency Purchasing Program (PEPP) will take place after the summersaid the head of monetary policy of the European Central Bank (ECB), Pierre Wunsch, in an interview with CNBC on Friday.
Additional comments
“Dissent should not be dramatized.”
“He doesn’t feel comfortable committing to moving forward in future orientation for so long.”
“I would have advocated an escape clause in future orientation.”
“You are not comfortable with 5-10 more years of QE just because inflation is at 1.5% -1.8%.”
“The logical conclusion is end the PEPP in March as planned.”
“After the PEPP, will return to the APP and other instruments.”
“Optimistic that the Delta variant will not have an impact comparable to previous peaks.”
“We are very far from the conditions in which we would consider a rate hike.”
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