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You can always increase the rate of purchase of PEPP – Luis de Guindos

The European Central Bank (ECB) you can always increase the pace of Pandemic Emergency Purchasing Program (PEPP) purchases, said Wednesday ECB Vice President Luis de Guindos, Reuters reported.

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“The growth of the fiscal year will not be much different from that of December.”

“The 2021 inflation will be clearly above the latest ECB forecast“.

“We don’t see a big change in the projections.”

“We can always modify the parameters of the instruments, but we are happy with the performance of the instruments.”

Market reaction

The pair EUR/USD It did not show an immediate reaction to these comments and was last seen losing 0.1% on the day at 1.2077.

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