So says Ralph Weidenfeller, head of Eurozone bond markets section at ECB
- at the moment ECB purchases for Sept and Oct have been for €63bln
- will end up "somewhere in the ball park" for Nov
- ECB not seeing constraints in asset buying volume
- was only short of €60bln monthly amount in Aug and catered to by frontloading
The fact belies the headline. ECB frontloading is no great surprise
Euro unfazed by the story
- exchange rate environment is supporting the economic recovery
- funding conditions have improved
- global economic environment has recently worsened quite a bit, coming from EM this time around
Weidenfeller is speaking on a panel at a forum in Germany.
Bloomberg reporting