ECB begins cautious taper while holding rates

PEPP will end by March 2022

Elliot Gulliver-Needham
clock • 2 min read

The European Central Bank has begun withdrawing its €70bn Pandemic Emergency Purchase Programme (PEPP), reducing it in the first quarter of next year and ending it by March 2022.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Market Movers blog: US employment uptick puts further Fed rate hike on cards as markets recover slightly at open

Market Movers blog: US employment uptick puts further Fed rate hike on cards as markets recover slightly at open

Latest news and analysis

Investment Week
clock 06 November 2026 • 1 min read
Managers look to diversify as US tech sell-off spirals after midterms and AI capex fears

Managers look to diversify as US tech sell-off spirals after midterms and AI capex fears

Nasdaq down 5.5% on Thursday

Jack Roach
clock 06 November 2026 • 4 min read
Treasury Committee told low impact Budget 'perceived pretty well' in financial markets

Treasury Committee told low impact Budget 'perceived pretty well' in financial markets

In line with expectations

Alex Sebastian
clock 03 November 2026 • 2 min read
Trustpilot