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Lagarde: Decision On Programmes Will Come In December

ECB

Q: Should markets expect a sharp reduction in ECB support or a smooth transition with higher APP when PEPP ends? What makes the ECB so certain that inflation will fall in 2022?

  • A: A decision on the programmes will come in December.
  • For the second question, Lagarde again refers to the impact of energy prices, the VAT cut and the supply bottlenecks fading.
  • PRESS CONFERENCE ENDS

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