Economics

ECB’s Villeroy Hints at Looming Slowdown in Pandemic Bond-Buying

  • ECB to decide on fourth-quarter PEPP purchase pace next week
  • Villeroy sees discussions on APP program later this year

Francois Villeroy de Galhau

Photographer: Nathan Laine/Bloomberg
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European Central Bank Governing Council member Francois Villeroy de Galhau said policy makers should take into account more favorable financing conditions in the region when they decide on the pace of emergency bond-buying next week, hinting a slowdown may be in the cards.