No changes in monetary policy expected – UOB

The ECB will keep monetary conditions unchanged at its Thursday event, he noted. UOB Group economist Lee Sue Ann.

Key statements

“The latest announcement from the ECB – that purchases under the Pandemic Emergency Purchasing Program (PEPP) during the next quarter will be made at a significantly higher rate than during the first months of this year – reinforces our view that it will continue to be highly accommodating longer. “

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