The European Central Bank (ECB) decided to leave the main rates unchanged, the same as the size of its Pandemic Emergency Purchase Program (PEPP) at the end of its monetary policy meeting held this Thursday. The President of the ECB, Christine Lagarde, is speaking at the post-meeting press conference on the considerations underlying these decisions.
Featured statements:
“Incoming data confirms previous baseline.”
“We see a prolonged weakness in inflation“.
“The uncertainty remains high“.
“We will monitor the evolution of the exchange rate“.
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