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It’s too early to talk about leaving the PEPP

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.

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“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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