MNI: Japan Sumitomo Life Eyes 30-Year JGBs Above 2%

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1048 Weds; -4.92% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1048 WEDS VS 7.1059

MNI BRIEF: Hungary Central Bank Cuts To 7.75% As Expected

MNI: AUSTRALIA MONTHLY MAR CPI 0.4% MM, 3.8% YY

MNI:AUSTRALIA Q1 CPI +0.9% Q/Q

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: PEPP and TLTRO Effective Pandemic Tools: ECB Lane

(MNI) LONDON
LONDON (MNI)

European Central Bank Chief Economist Philip Lane underlined Wednesday that the two main policy tools the Governing Council will look to recalibrate this month are the PEPP and TLTRO schemes, although he underlined that all options currently in the toolbox could be used. Echoing comments of fellow policymakers in recent days, Lane said the main concern for the recalibration was perhaps to keep at bay the risk of a reversal of accommodative financing conditions.

Speaking at an online event in London, Lane said it was too early to say what the recalibrated policy mix could be, although he said "what is true is that these two programmes (PEPP and TLTRO) have been very effective ways to respond to the pandemic," while accepting that other policy options are not ruled out.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Central Bank NewsPolicy NewsHomepageStoryCEEMEAEurozoneBriefEuropean Central BankRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Central Bank NewsPolicy NewsHomepageStoryCEEMEAEurozoneBriefEuropean Central BankRegion
True

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.