Reuters exclusively reports ECB governors home in on temporary, limited bond purchase boost

Reuters exclusively reported that European Central Bank (ECB) policymakers are homing in on a temporary increase in the regular bond purchase scheme that would still significantly reduce overall debt buys once a much larger pandemic-fighting scheme ends in March. The move, to be discussed at a meeting of the Governing Council on Dec. 16, would aim to keep bond yields in check even after the ECB’s 1.85 trillion euro ($2.09 trillion) Pandemic Emergency Purchase Programme ends, while not committing too much firepower at a time when inflation is already high and the growth outlook is uncertain.