ECB's resident Lagarde: We are "re-calibrating" stimulus, not tapering

Market news

9 September 2021

ECB's resident Lagarde: We are "re-calibrating" stimulus, not tapering

"The choice of words is relevant. It is moderately lower than what we have done in Q2 and Q3"
Stimulus has been re-calibrated for three months
We are clearly seeing an improvement on many fronts
PEPP decision was unanimous
The day when PEPP is over, the job is not finished
We have not discussed what will come after PEPP ends
When PEPP comes to its end, we clear have all our other tools available

U.S. president Biden to require all federal employees and contractors to be vaccinated - Bloomberg reports, citing a person familiar with the plan

U.S. Stocks open: Dow -0.09%, Nasdaq +0.03%, S&P -0.08%

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