Economics
ECB’s Guindos Sees No Need to Bolster Stimulus Immediately
- Policy makers aren’t discussing adjustment to program now
- Vice president spoke in MNI interview published by the ECB
Luis de Guindos
Photographer: Peter Juelich/BloombergThis article is for subscribers only.
European Central Bank Vice President Luis de Guindos said there’s no need to bolster emergency bond purchases right now, playing down the prospect of action to head off risks to the euro zone’s recovery from the pandemic.
His comments suggests the Governing Council is unlikely to increase or extend the 1.35 trillion-euro ($1.6 trillion) program at the next policy meeting in late October.