FRANKFURT, Feb 8 (Reuters) - The European Central Bank
can gradually stop reinvesting proceeds from bonds that mature
under its Asset Purchase Programme without much market impact,
ECB policymaker Klaas Knot said on Wednesday.
The ECB is due start reducing such reinvestment by 15
billion euros per month starting in March.
"I expect very little further impact if we increase the 15
(billion euros) to 20, to 26...which would be the full stop of
reinvestment under the APP," Knot said at an event organised by
MNI.
(Reporting By Francesco Canepa)
004906975651247; Reuters Messaging:
francesco.canepa.thomsonreuters.com@reuters.net))
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