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 …