Free Trial

MNI BRIEF: ​​​​​​PEPP Envelope May Not Be Fully Used: Lagarde

LONDON (MNI)

The European Central Bank may not use the full extent of the Pandemic Emergency Purchase Programme, President Christine Lagarde said Thursday. Speaking after the central bank had increased the size of the envelope by EUR500 billion to EUR1.85 trillion, Lagarde said the full amount would not be used if financing conditions were favorable, as highlighted in the MNI sources story.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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.