• ECB's Executive Board member Mersch: PEPP must remain a temporary crisis instrument

Notícias do Mercado

25 junho 2020

ECB's Executive Board member Mersch: PEPP must remain a temporary crisis instrument

  • We would not need to make full use of PEPP if governing council determined that market tension had eased sufficiently
  • We are mindful that size of our balance sheet can have implications for market functioning and price formation
  • The sheer size of PEPP also goes beyond its primary backstop function by providing additional support to the monetary policy stance

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