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The European Central Bank (ECB) won’t be guided by the short-term economic moves, the central bank President Christine Lagarde said in a scheduled interview with Bloomberg TV on Wednesday.

Additional quotes

“The market can test us as much as they want.”

“ECB will adjust PEPP as needed depending on financing conditions.”

“To reassess the pace of PEPP purchases in due course at a quarterly pace.”

“Vaccine rollout is short of what ECB has expected.”

“Hopes that EU recovery fund will be deployed in 2H 2021.”

“We will give sufficient notice before unwinding stimulus measures.”

more to come …