It’s too early to talk about leaving the PEPP

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Christine Lagarde, President of the Central European Bank (ECB), delivers his comments on the outlook for monetary policy at a press conference following the ECB’s decision to leave the policy setup unchanged in June.

Featured statements

“The political decision was unanimous.”

“The PEPP exit talks will come in due time, but it is too soon.”

“There was a debate on the pace of the PEPP.”

“The proposal contained a significantly higher rate, there was no alternative.”

“There was broad agreement on the policy.”

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