European Central Bank policy makers didn’t agree on whether they expect to use the full amount of their 1.35 trillion-euro ($1.5 trillion) pandemic emergency purchase program when they met Thursday, despite President Christine Lagarde subsequently saying that’s likely, according to people familiar with the discussions.
Lagarde’s remarks in a press conference after the policy meeting contrasted with recent signals from colleagues including Executive Board members Isabel Schnabel and Yves Mersch that the improving economy may mean bond-buying could end before reaching the current cap.
