ECB: No change expected in monetary policy – UOB

FXStreet reports that Lee Sue Ann, Economist at UOB Group, believes that the ECB will keep the monetary conditions unchanged at its event on Thursday.

“The ECB’s latest announcement - that purchases under the Pandemic Emergency Purchase Programme (PEPP) over the next quarter will be conducted at a significantly higher pace than during the first months of this year - reinforces our view that it will remain highly accommodative for longer.”