ECB's chief economist Lane: Important not to infer that ECB only looking at PEPP and TLTRO

Market news

2 December 2020

ECB's chief economist Lane: Important not to infer that ECB only looking at PEPP and TLTRO

Says that Pandemic Emergency Purchase Programme (PEPP) and Targeted Longer-Term Refinancing Operations (TLTRO) have been a very good for pandemic conditions
Not growing more worried about inflation due to recent negative readings, big drops this year will partly reverse
Vaccine reduces chance of more severe economic scenario
Aims to keep financing conditions "where they are these days"

UK PM Johnson's spokesman says he is optimistic about a deal with EU

U.S. Stocks open: Dow -0.64%, Nasdaq -0.73%, S&P -0.40%

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.