ECB's governing council member Holzmann: There are indications for sustainable recovery from the middle of 2021

Market news

26 November 2020

ECB's governing council member Holzmann: There are indications for sustainable recovery from the middle of 2021

PEPP purchases worked, helped to lower spreads
Lower deposit rates wouldn't have effect
Sees asset bubble risk, no actual bubbles yet
Cannot rule out possibility that ECB could implement new policy tools

PBoC: We will keep yuan basically stable

BoE's governor Bailey: Very important that government has put furlough measures in place to help lower-income workers

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