• ECB's Governing Council member Wunsch: ECB is fine with financing conditions as they are

Notícias do Mercado

6 abril 2021

ECB's Governing Council member Wunsch: ECB is fine with financing conditions as they are

  • Household savings in 2020 and the start of 2021 are enough to finance private consumption growth above 2019 level for 3-5 years
  • ECB can only keep financing conditions stable for a few months or a year
  • Surprised by the resilience of eurozone economies
  • If economy improves strongly, it will have to mean some tightening at some point
  • If economy clearly deteriorates, ECB could extend PEPP beyond March 2022

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