The Governing Council of the European Central Bank (ECB) decided, on Thursday 9 September, to slightly slow down the pace of massive purchases of securities - mainly government securities - under the Pandemic Emergency Purchase Programme (PEPP), considering that this recalibration allows for preserving favourable financing conditions in the euro area.
ECB President Christine Lagarde painted a picture of a stronger-than-expected economic recovery, with the Covid-19 vaccination campaigns...