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 configuration unchanged.
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“It is convenient to decide the rate of PEPP on a quarterly basis.”
“The Governing Council does not monitor the PEPP on a weekly basis.”
“We do not expect a big increase in PEPP next Monday.”
“The big refunds will be made on Monday.”
“We are beginning to implement the decision as of today.”
“If necessary, the Governing Council can always meet.”
“The board can use flexibility to comply with the decision.”
“The ECB is not controlling the yield curve.”
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