An effective vaccine against the coronavirus will not change the rules of the game for the European Central Bank’s forecasts, he told Tuesday Bloomberg Christine Lagarde, President of the ECB.
“Before the vaccine news, we had quite negative news about the second wave,” Lagarde added, noting that the second wave is expected to affect the economy well into 2021.
Market reaction
These comments do not appear to have a significant impact on the performance of the shared currency against its rivals. At the time of writing, the pair EUR/USD it was up 0.1% on the day at 1.1865.
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