ECB's Executive Board member Schnable: We are free to adjust any parameters of PEPP at any point in time if required to fulfill our price stability mandate

Market news

28 April 2021

ECB's Executive Board member Schnable: We are free to adjust any parameters of PEPP at any point in time if required to fulfill our price stability mandate

ECB's monthly bond purchases remain flexible and depend on market conditions
We do not target asset prices
PEPP was designed to deal with the pandemic and its duration is linked to the pandemic crisis phase
ECB could adjust tiering multiple if necessary
Bank profitability is one of the key priorities for our banking supervisors in 2021

BoJ keeps the steady hand, revises down inflation forecasts - UOB

U.S. Stocks open: Dow -0.40%, Nasdaq -0.19%, S&P +0.06%

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