- ECB's chief economist Lane: We are fully prepared to further adjust our instruments if warranted
Notícias do Mercado
19 maio 2020
ECB's chief economist Lane: We are fully prepared to further adjust our instruments if warranted
- We must ensure our monetary stance provides sufficient accommodation and guards against the escalation of tail risks
- Options including increasing size of PEPP and adjusting its composition, as much as necessary
- APP and PEPP estimated to compress term premium by around 80 bps on 10 year
- In all scenarios, a deep recession is envisaged. In a severe scenario, GDP would fall by 12% in 2020
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