ECB’s Holzmann: The central bank will decide on tapering in December
|The European Central Bank (ECB) will decide on tapering in December, policymaker Robert Holzmann said on Wednesday.
Key quotes
“Recently inflation expectations have increased, by how much I do not know.”
“Effect of lockdowns on economies is increasingly small.”
“Austria's lockdown will have moderate effects on the economy.”
“PEPP purchases will probably end in March but PEPP will not end but probably be put in a waiting room.”
Market reaction
EUR/USD is unimpressed by these comments, testing fresh 2021 lows at 1.1220, as of writing. The spot is losing 0.22% on the day.
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