Economics
ECB Studies Pandemic Tool Tweak to Use in Bond-Market Stress
- Governing Council could consider expanding reinvestment period
- Move might console Greece if exclusion from QE persists
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
The European Central Bank is studying whether to tweak how it reinvests its emergency bond purchases to help countries weather future moments of market turmoil, according to officials with knowledge of the matter.