Skip to content

ECB Acts to Avert ‘Brutal Transition’ in Exiting Crisis Mode

  • Pandemic tool will be halted in March, but not scrapped
  • Policy makers retain flexibility to respond to omicron threat
Video player cover image
Lagarde: Very Unlikely ECB Raises Rates in 2022
Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The European Central Bank temporarily boosted regular monthly bond buying for half a year to smooth the exit from pandemic stimulus as President Christine Lagarde unveiled forecasts showing a strong economic rebound along with an outlook for faster inflation.