ECB's Weidmann: ECB can flexibly adjust pace of PEPP purchases if needed

Further comments by Weidmann

• Seeing spillovers from rising US borrowing costs
• Must very carefully analyse rise in bond yields
• Financing conditions are still favourable

This time he is speaking in his capacity as a governing council member on the ECB. But again, despite the verbal threat of tapping into the PEPP envelope, they might not go beyond that if the earlier report is anything to go by - at least for now.