ECB’s Kazaks: PEPP expansion by EUR500 billion not very off the mark

Ahead of the December 10 European Central Bank’s (ECB) monetary policy decision, the central bank policymaker Martins Kazaks said that the forecast of expanding the PEPP by EUR500 billion is not very off the mark.

Additional comments

“ECB could consider extending TLRTOs from 3 years to 5 years.”

“ECB should consider other assets in TLTRO collateral.”

“Would not oppose to extending PEPP by 12 months.”