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ECB's Knot expects reduction in bond buys with end in March: Bloomberg

ECB's Knot expects reduction in bond buys with end in March: Bloomberg
ECB's Knot expects reduction in bond buys with end in March: Bloomberg   -   Copyright  Thomson Reuters 2021
By Reuters

FRANKFURT – European Central Bank policymaker Klaas Knot said on Tuesday he expected the ECB to start reducing the pace of its emergency bond purchases at next week’s meeting, with a view to ending them in March.

“I would expect a decision that should not be incompatible” with ending the ECB‘s Pandemic Emergency Purchase Programme (PEPP) in March, Knot was quoted as saying by Bloomberg.

“That would imply a reduction in the purchase pace.”