B · Normal
[The European Central Bank continues to reduce its asset purchase portfolio and the principal of maturing bonds will no longer be reinvested] On October 29, the European Central Bank stated that the asset portfolio under the Asset Purchase Program (APP) and the Epidemic Emergency Purchase Program (PEPP) will continue to decline at a controllable and predictable rate, and the Eurosystem will no longer reinvest the principal of maturing securities. The European Central Bank also stated that it can use various tools within its mandate if necessary to ensure that inflation is stable at the 2% target in the medium term and to maintain the smooth operation of the monetary policy transmission mechanism.
European Central Bank News 🕐 2026-10-29 21:20
#European Central Bank News
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