Following the decision of the European Central Bank (ECB) to leave its interest rates unchanged and the Pandemic Emergency Purchase Program (PEPP) of 1,350,000 million euros, Christine Lagarde, President of the ECB, pronounces is concluding his remarks on the prospects for monetary policy at a press conference.
Featured statements:
“The headline inflation will remain negative until early 2021“.
“Short-term price pressures will remain subdued.”
“Once the impact of the pandemic wears off, the recovery in demand will push inflation up in the medium term.”
“There should be no delays for the EU parcel next generation. ”
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