ECB to keep policy loose this year despite high inflation risks: Reuters poll | Hellenic Shipping News Worldwide : vimarsana.com

ECB to keep policy loose this year despite high inflation risks: Reuters poll | Hellenic Shipping News Worldwide


ECB to keep policy loose this year despite high inflation risks: Reuters poll
The European Central Bank will not change the total size of its asset purchase programme at its June 10 meeting but will start tapering its pandemic purchases later this year, according to a Reuters poll which also showed inflation risks to the upside.
With an economic recovery underway and price pressures rising, calls for winding down the emergency purchases have increased in recent weeks. But several ECB members have said a decision to reduce purchases at the June 10 policy meeting was unlikely.
Nearly 90% of economists, or 34 of 39, in response to an additional question in the May 28-June 2 Reuters poll said the ECB would leave the 1.85 trillion euros worth of asset buys under its Pandemic Emergency Purchase Programme (PEPP) unchanged at its June meeting.

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