BlackRock: European Central Bank may launch procurement plans after PEPP ends

Elga Bartsch, head of macro research at BlackRock, said, as Lagarde told a press conference, that the slowdown in European Central Bank purchases was not debt reduction. Since the current financial situation is unstable, this is only a reform decision. The European Central Bank's real estate investment program must continue as the new law lays the groundwork for a revival of fiscal policy in the euro area. The stocks of the European Central Bank must now raise interest rates on average. Market expectations suggest that inflation will be better than the new target of 2%. At the end of the Emergency Prevention Program (PEPP), the tightening of real estate purchases will help push up prices, but will eventually require financial support.