Two ECB Officials Set High Bar for End to Crisis Stimulus Plan
- Stournaras raises concern about resurgence of infections
- Herodotou says policy could be adjusted if inflation diverges
Yannis Stournaras
Photographer: Yorgos Karahalis/Bloomberg
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Two European Central Bank policy makers set a high bar for a potential exit from the institution’s pandemic bond-buying program in comments suggesting they support keeping the crisis-fighting tool active for the foreseeable future.
Yannis Stournaras, Greece’s member of the ECB’s Governing Council, said the fate of the plan will depend mostly on the outlook for inflation, which currently shows consumer prices undershooting its target at least through the end of 2022.