ECB's president Lagarde: Forward guidance on rates and asset purchases act as an effective automatic stabiliser

Market news

5 February 2020

ECB's president Lagarde: Forward guidance on rates and asset purchases act as an effective automatic stabiliser

Short-term uncertainties are mainly related to global risks
These risks include trade, geopolitical and now the outbreak of the coronavirus and its potential effect on global growth
Climate change will be a key part of our ongoing strategy review

ECB's chief economist Lane firmly believes that rates will be higher in future because of easy policy now

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