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  • ECB's chief economist Lane: Governing council routinely looks at wide range of measures to gauge the state of financing conditions - Reuters
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25.01.2021, 14:38

ECB's chief economist Lane: Governing council routinely looks at wide range of measures to gauge the state of financing conditions - Reuters

  • If favourable financing conditions can be maintained with asset purchase flows that do not exhaust the PEPP envelope, the envelope need not be used in full
  • Focus on credit conditions in the banking system on one side and bond markets on other is consistent with main methods used by central banks
  • We consider that the best way to achieve aims is to preserve favourable financing conditions throughout the pandemic period


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