09:29:45 12-10-2023
ECB's Stournaras: Should not stop bond buying too early
Commenting on the European Central Bank’s (ECB) emergency bond-buying program, ECB policymaker, Yannis Stournaras, said that they “should not stop bond buying too early.”
Additional quotes
No value in bringing forward end of PEPP.
Now especially that there is new uncertainty from events in Israel and Palestine.
Need to keep flexibility and act if necessary.
Market reaction
EUR/USD is consolidating near multi-week highs above 1.0620, at the time of writing, up 0.12% so far.