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rnews:headline
  • ECB to speed up pandemic bond buys on rates fears (en)
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  • The European Central Bank said Thursday it would "significantly" step up the pace of its pandemic emergency bond buys to soothe market jitters about a recent rise in government bond yields.

    The faster purchasing pace over the next quarter is aimed at "preventing a tightening of financing conditions" while the eurozone economy is still fragile, the bank said in a statement.

    The Frankfurt institution also left key interest rates unchanged.

    mfp/hmn/lth

    (en)
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  • Frankfurt am Main
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  • urn:newsml:afp.com:20210311T125624Z:TX-PAR-UDC81:1
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  • en
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  • ECB-economy-rate
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  • economy
  • rate
  • ECB
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