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- ECB's vice president de Guindos: We have to decide on PEPP purchases for the last quarter in September
ECB's vice president de Guindos: We have to decide on PEPP purchases for the last quarter in September
- Says economy is performing better than expected in 2021; this will be reflected in projections that will be published in coming days
- Future policy decisions depend on how economy and inflation develop
- Expects inflation will continue to pick up in 2021
- Baseline scenario is that it will fall back in 2022
- If inflation and economy recovers, logically there will be a gradual normalisation of monetary and fiscal policy
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