• ECB's president Lagarde: PEPP purchases will continue to be "significantly higher" than prior in the quarter ahead

Notícias do Mercado

10 junho 2021

ECB's president Lagarde: PEPP purchases will continue to be "significantly higher" than prior in the quarter ahead

  • Headline inflation forecasts remain below target over the forecast horizon
  • Underlying price pressure remains subdued due to slack
  • Projections signal a gradual increase in core inflation
  • Headline inflation likely to increase in coming months
  • Financing conditions are broadly stable
  • Overall risks are broadly balanced
  • Global demand, fiscal measures support activity in Eurozone
  • ECB will continue to monitor foreign exchange rate
  • Surveys point to a sizable improvement in the second quarter
  • Surveys indicate a strong services recovery
  • We expect growth to improve strongly in H2
  • Core inflation is projected to rise to 1.1% in 2021 to 1.3% in 2022, 1.4% in 2023
  • Temporary factors are behind inflation projection rise
  • Once the pandemic impact fades, underlying inflation will gradually rise in medium-term

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