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Lagarde: 2Q economic contraction broadly in line with forecast - BBG
#ECB | LAGARDE: 2Q ECONOMIC CONTRACTION BROADLY IN LINE WITH FORECAST - BBG
— Christophe Barraud (@C_Barraud) July 16, 2020
*LAGARDE: RECOVERY UNEVEN ACROSS SECTORS, JURISDICTIONS
*LAGARDE: RECOVERY IS IN EARLY STAGES
*LAGARDE: DATA, SURVEYS POINT TO IMPROVEMENT IN MAY AND JUNE
*LAGARDE: ACTIVITY EXPECTED TO REBOUND IN 3Q
Added at 8:44am
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#ECB | *LAGARDE: RISKS REMAIN ON DOWNSIDE - BBG
— Christophe Barraud (@C_Barraud) July 16, 2020
*LAGARDE: WEAKER DEMAND TO PUT DOWNWARD PRESSURE ON INFLATION
*LAGARDE: HEADLINE INFLATION TO DROP MORE IN COMING MONTHS
*LAGARDE: INFLATION TO PICK UP IN EARLY 2021https://t.co/dsechXrANT
Added at 8:52am
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LAGARDE SAYS UNLESS THERE ARE SIGNIFICANT UPSIDE SURPISES WE WILL USE ENTIRE PEPP ENVELOPE
— Cable FX Macro (@cablefxmacro) July 16, 2020
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