- ECB's president Lagarde: No number in mind regarding what a "significant" increase is in PEPP pace
Notícias do Mercado
11 março 2021
ECB's president Lagarde: No number in mind regarding what a "significant" increase is in PEPP pace
- PEPP pace change required Governing Council decision
- There was a total consensus on PEPP pace decision
- ECB is not operating mechanically
- Convenient to decide on PEPP pace on quarterly basis
- Governing Council not monitoring PEPP on weekly basis
- Don't expect big PEPP rise next Monday because there are still lots of redemptions and we're just starting to implement the decision today
- There's no reference to any kind of yield curve control; ECB is not doing yield curve control
- ECB will see through temporary inflation spikes
- It's possible that inflation will hit 2% by the end of 2021
- Not looking at any particular segment of yield curve
- ECB monitoring carefully exchange rate for inflation
- ECB not targeting exchange rate
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