Economics
ECB to Avoid Bond Targets or Thresholds in First Line of Defense
- Regime for reinvestments doesn’t impose thresholds, people say
- Rules may evolve, and front-loaded purchases won’t feature
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
European Central Bank policy makers are allowing ample leeway for the deployment of their bond-buying firepower as a first defense rather than imposing targets or thresholds, according to people familiar with the matter.