• ECB's president Lagarde: We must continue with accommodative monetary policy

Market news

10 February 2021

ECB's president Lagarde: We must continue with accommodative monetary policy

  • Inflation not converging to goal over medium term
  • We will look through short-term shifts in prices
  • It will take awhile before the ECB must worry about inflation
  • Favorable financing conditions are the ECB's compass
  • It's not the time to slow down the fiscal support
  • We need fiscal support at least through year end
  • ECB can scale up PEPP if needed

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