The European Central Bank (ECB) decided to leave key rates unchanged and expanded the Pandemic Emergency Purchase Program (PEPP) by € 500 billion to a total of € 1.85 billion until the end of March 2022. Christine Lagarde, President of the ECB, now delivers his comments on the prospects for monetary policy at a press conference.
Featured statements
“The ECB is not targeting the exchange rate.”
“The appreciation of the euro is important, it puts downward pressure on prices.”
“We will follow the exchange rate very closely.”
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