- ECB's president Lagarde: We did not discuss any phasing out of PEPP
Market news
22 April 2021
ECB's president Lagarde: We did not discuss any phasing out of PEPP
- Our views are largely the same as in March
- Vaccination pace is improving but we're also seeing more pressure on economic and health sector from virus
- We still have this overall environment of uncertainty and that's very much reflected in the consumer
- Reduction of PEPP is data dependent, not based on calendar; it depends on financing conditions and the inflation outlook
- Obviously we look at what other central banks do
- ECB policy won’t move in tandem with Fed
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