Market news
08.04.2021, 10:17

ECB's president Lagarde: PEPP envelope can be recalibrated if required to maintain favourable financing conditions

  • Pandemic and related containment measures will continue to adversely affect euro area economic activity in short term
  • Beyond the short term, activity should pick up
  • Overall, risks surrounding euro area growth outlook have become more balanced, although downside risks associated with pandemic remain in near term
  • Headline inflation likely to increase further in the coming months, but temporary factors are expected to fade out of annual inflation rates early next year
  • PEPP envelope need not be used in full if favourable financing conditions can be maintained with a flow of asset purchases that does not exhaust the envelope by the envisaged end of PEPP’s net purchase phase
  • It is absolutely crucial for monetary and fiscal policies to continue complementing each other in supporting euro area economy

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location