• ECB's Governing Council member Villeroy: ECB still has ample time to judge and decide on post PEPP moves, well beyond our June meeting

Notícias do Mercado

25 maio 2021

ECB's Governing Council member Villeroy: ECB still has ample time to judge and decide on post PEPP moves, well beyond our June meeting

  • ECB can accept inflation above 2% for some time
  • ECB is at least as accommodative and will be at least as patient as U.S. Fed
  • Any hypothesis of reduction of purchases partly for the third quarter or following quarters is purely speculative
  • Our monetary policy can be patient, as the euro area inflation is well below other jurisdictions
  • Based on our experience with the PEPP, we could move towards some additional flexibilities, in terms of allocation and/or volume
  • I believe we should keep TLTROs in place in some form for more time

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