Lagarde expected to clarify ECB bond-buying plans

ECB has lowered purchases as yields have risen and spreads have increased

Christine Lagarde unveils new lending facility

European Central Bank president Christine Lagarde is expected to provide more clarity on the institution’s bond purchase plans after the policy meeting on March 11.

Observers have become increasingly confused over the central bank’s actions and communication over the past few weeks. As sovereign bond yields have increased, the ECB has maintained bond purchases under the Pandemic Emergency Purchase Programme (Pepp) at the lowest level since it was launched almost a year ago.

Ahead of the policy

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