• ECB's Governing Council member Knot: Monetary policy must play a key role in the recovery phase

Notícias do Mercado

21 abril 2020

ECB's Governing Council member Knot: Monetary policy must play a key role in the recovery phase

  • Immediate response to virus was decisive and comprehensive
  • We must avoid bankruptcy of solvent firms, illiquid firms and governments
  • Pan-European response is needed
  • ECB policy is directed at maintaining favourable financing conditions for households, firms and governments, to mitigate any amplification
  • Coronavirus may speed up deglobalisation

OPEC debates possible May 10 meeting to discuss additional oil production cuts, beyond those agreed with U.S. and Russia - WSJ reports
U.S. existing-home sales drop more than expected in March
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