Reuters with the report, citing unnamed sources.

  • ECB discussed possible timeline for balance sheet reduction at Cyprus meeting earlier this month
  • ECB may tweak language on reinvestments at the October meeting; then may outline plans for balance sheet reduction in December or February meetings
  • ECB’s presentation sees quantitative tightening starting sometime in Q2 2023; some advocated earlier and later dates

Meetings ahead to finish up the year at the European Central Bank:

ecb meetings 2022