• ECB's Governing Council member Knot: Outlook may allow for slower ECB stimulus

Market news

31 August 2021

ECB's Governing Council member Knot: Outlook may allow for slower ECB stimulus

  • Practically all the incoming news has been a surprise on the upside
  • PEPP could end in March
  • We can reduce PEPP pace because financing conditions are favorable
  • ECB's TLTROs have a serious distortive effect

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