• ECB's Executive Board member Schnabel: No need to adjust policy if economy performs according to baseline foreast; PEPP size appropriate in current situation

Notícias do Mercado

31 agosto 2020

ECB's Executive Board member Schnabel: No need to adjust policy if economy performs according to baseline foreast; PEPP size appropriate in current situation

  • Eurozone economy performing according to ECB's baseline forecast
  • As the risk of fragmentation recedes, need to deviate from the capital key is also reduced
  • Post-review ECB inflation aim should maintain a medium-term perspective, must be simple to communicate
  • Joint EU debt issuance on its own does not justify increase in PEPP
  • Time has not yet come to adjust tiering multiplier
  • May have to revise plans to meet in person on September 10

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