Free Trial

Was there a case made for a different PEPP pace?

ECB

Q: Was the case for a different PEPP pace made by another member. Are you more optimistic now with regards to economic scarring from the pandemic?

A: There was debate on the pace of purchase and some of the analytical aspects of use of our instruments. That is why I used the term 'broadly agreed' by the GC. The introductory statement was unanimously supported, but not unanimously supported for some aspectsThere will be some scarring from the pandemic resulting from changes in supply chains, consumption patterns etc.

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.