ECB to Weigh More Bond Buying If War Crashes Economy
Jumat, 25 Maret 2022 | 05:27 WIB
KONTAN.CO.ID - FRANKFURT, March 24 (Reuters) - The European Central Bank would consider extending its money-printing programme beyond this summer if the euro zone economy fell into a "deep recession" because of the conflict in Ukraine, ECB board member Isabel Schnabel said on Thursday.
The ECB said earlier this month its would end its bond-buying stimulus scheme this summer and raise interest rates for the first time in over a decade some time after that, as it comes to grips with a sudden rise in inflation.
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