A view shows the placards of the political parties in front of the European Central Bank (ECB) building in Frankfurt, Germany, September 14, 2023.
The central bank for the 20 countries that use the euro has already raised interest rates 10 times to record levels but inflation remains well above its 2% target.
ECB President Christine Lagarde said last week that policymakers had not discussed the bond-buying schemes at their latest policy meeting.
She described the PEPP as the ECB's "first line of defence" to preserve policy transmission - central bank jargon for bond market stability in the most indebted countries.
Slovenian central bank governor Bostjan Vasle recently backed selling bonds bought under the ECB's older Asset Purchase Programme, which is less flexible than the PEPP.
Persons:
Wolfgang Rattay, Christine Lagarde, Bostjan Vasle, Peter Kazimir, Catherine Evans
Organizations:
European Central Bank, REUTERS, Central Bank, Reuters, ECB, Thomson
Locations:
Frankfurt, Germany, Italy, FRANKFURT, Athens, Slovenian, PEPP, Sintra