ECB's president Lagarde: PEPP, TLTROs likely to remain the main tools for adjusting our monetary policy

Market news

11 November 2020

ECB's president Lagarde: PEPP, TLTROs likely to remain the main tools for adjusting our monetary policy

When thinking about favourable financing conditions, what maters is not only the level of financing conditions but the duration of policy support
Recovery from a services-led recession tends to be slower than from a durable-goods led recession
All options are on the table
We will continue to deliver the conditions necessary to protect the economy from impact of pandemic
It is crucial that monetary policy ensures favourable financing conditions for the whole economy
The recovery from the pandemic could be bumpy
Developments in exchange rate may have negative impact on the path of inflation
Even if second wave proves to be less intense, it poses no less danger to the economy
Fiscal policy has to remain at the centre of the stabilization effort

German council of economic advisors: EU should not make its debt-financed recovery funds permanent unless member states transfer fiscal sovereignty to Brussels

European session review: GBP retreats as reports that EU-UK trade talks set to go past mid-November deadline cloud coronavirus-vaccine optimism

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