ECB's Rehn: Euro area needs strong fiscal policy response

Market news

3 April 2020

ECB's Rehn: Euro area needs strong fiscal policy response

PEPP is the central pillar of ECB crisis response to the virus outbreak
OMT is part of our toolbox
Doesn't want to speculate about the use of OMT
Most urgent thing is coordinated fiscal policy response

Oil: Any agreement on production cuts will have minimal impact – ANZ

France says that will likely extend lockdown measures

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