Out of Office: ECB ‘serious’ about ending pandemic bond buying scheme; Turkish lira plummets

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23rd November, 2021
Out of Office: ECB ‘serious’ about ending pandemic bond buying scheme; Turkish lira plummets
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The European Central Bank said it was “serious” about wrapping up its emergency bond buying scheme in March 2022 and suggested that it may not need to beef up asset purchasing programmes to cover the shortfall. Francois Villeroy de Galhau, governing Council member of the ECB and governor of the Bank of France, said that though health remained the top priority, the damage caused by each successive wave of infection has been diminishing and Europe’s...

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