ECB watchers say divisions on council could hamper decision-making
Analysts say central bank’s strategy of lower purchases could be tested later in 2021
Divisions among European Central Bank officials could hamper the institution’s goal of preserving adequate financing conditions later in 2021.
Ahead of the April 22 monetary policy meeting, analysts warn the commitment reached in March to temporarily increase the rate of asset purchases may not be enough to hit the ECB’s target.
The minutes of the March policy meeting showed a broad agreement to significantly increase asset purchases under the Pandemic Emergency Purchase Programme (PEPP) in
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