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Lagarde

Interview with Philip R. Lane, Member of the Executive Board of the ECB (El País)

May 19, 2020 | File Under: , , , , , , ,

“The speed at which the economy bounces back will then hinge on whether consumers are more reluctant to consume and businesses hold back on investment. From today’s perspective, it looks in any case unlikely that economic activity will return to its pre-crisis level before 2021, if not later.” – Luis Doncel

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ECB shakes off limits on new €750bn bond buying plan (FT)

“The details of the new programme support the declaration by Christine Lagarde, the ECB’s president, who said on Twitter after it was announced last week: ‘There are no limits to our commitment to the euro.’” – by Martin Arnold and Tommy Stubbington

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ECB announces €750 billion Pandemic Emergency Purchase Programme (ECB)

March 20, 2020 | File Under: , , , ,

“This new Pandemic Emergency Purchase Programme (PEPP) will have an overall envelope of €750 billion. Purchases will be conducted until the end of 2020 and will include all the asset categories eligible under the existing asset purchase programme (APP).” – ECB Governing Council

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Christine Lagarde prepares sweeping review of ECB’s strategy (FT)

December 9, 2019 | File Under: , ,

” Process will put her stamp on the central bank and seek to resolve recent divisions.” – by Martin Arnold

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