MNI BRIEF:​​​ ECB GC Can Hold Inter- Meet If Need -Lagarde

Although the European Central Bank has no plans to gather for policy discussion between meetings, there would be nothing to stop them doing so if the need arose, President Christine Lagarde said Thursday.

When asked again what measures the ECB could take at the December meeting, Lagarde pointed again to the opening paragraph of the policy statement, repating that the Governing Council "will recalibrate its instruments, as appropriate, to respond to the unfolding situation and to ensure that financing conditions remain favourable to support the economic recovery and counteract the negative impact of the pandemic on the projected inflation path."