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11 May 2020
ECB’s Schnabel: Central bank stands ready to adjust size and duration of PEPP
The European Central Bank (ECB) stands ready to adjust the size and duration of the pandemic emergency purchase programme (PEPP), said Isabel Schnabel, Member of the Executive Board of the ECB on Monday.
Further comments
"ECB measures form a powerful package."
"Rating downgrades may be a risk to policy discussion."
"ECB has not discussed impact of rating downgrades on purchases."