Free Trial

Lagarde Confirms PEPP, Reserves Remuneration Were Not Discussed Today

ECB
Q&A begins:
  • Q: What role did the recent weak economic data and the Gaza conflict play in today’s decision? Did you discuss PEPP reinvestments and minimum reserve requirements?
  • A: PEPP and remuneration of required reserves have not been discussed at today’s meeting. We cited the risks posed by the geopolitical environment. We are monitoring the situation and are attentive to the economic consequences as a result of the impact on confidence and energy prices.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.