- Lagarde Speech: When conditions of forward guidance are met, we will not hesitate to act
Market news
3 December 2021
Lagarde Speech: When conditions of forward guidance are met, we will not hesitate to act
"When conditions of the forward guidance are satisfied, we will not hesitate to act," European Central Bank (ECB) President Christine Lagarde said in an interview titled "Financing the Covid recovery with new economic headwinds" at the Reuters Next online conference.
Further comments
We cannot be riveted to short term, have to look at the direction of travel.
Under current circumstances confident PEPP to stop.
PEPP reinvestment and other tools in the box mean ECB in the market.
Confident about PEPP ending in March.
In December we need to give some clarity to markets .
We need in dec to determine our policy.
Related reads
- Lagarde Speech: We see inflation going towards target in course of 2022
- EUR/USD remains directionless around 1.1300, focus on Payrolls
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page