ECB may end emergency stimulus in March

Austrian Central Bank President Robert Holzmann said that the European Central Bank may finish its emergency stimulus plan next March and the markets may be right not to price increase purchases of conventional bonds. "This is how the market sees it and I think the market is giving the right assessment, we don't know yet but at the moment it looks like the end is in March," said Holzmann, a member of the European Central Bank's rate setting board.

Holzmann added that the exceptional stimulus should end when the epidemic ends but the ECB support via other schemes will continue, we still have other programs there APP which can continue, change or not change. He also confirmed that the ECB will conduct a deeper assessment in September.