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Monetary policy decisions
The Governing Council took the following decisions: First, the Governing Council will continue to conduct net asset purchases under the pandemic emergency purchase programme (PEPP) with a total envelope of €1,850 billion until at least the end of March 2022 and, in any case, until it judges that the coronavirus crisis phase is over. Based on a joint assessment of financing conditions and the inflation outlook, the Governing Council expects purchases under the PEPP over the next quarter to be conducted at a significantly higher pace than during the first months of this year. The Governing Council will purchase ... (full story)
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ECB Holds Main Refinancing Rate, Marginal Lending Facility Rate & Deposit Rate Unchanged As Expected
— LSTrade (@LSTrade2) March 11, 2021
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ECB says based on a joint assessment of financing conditions and inflation outlook, ECB expects purchases under PEPP over next quarter to be conducted at a significantly higher pace than during first months of this year
— DailyFX Team Live (@DailyFXTeam) March 11, 2021
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ECB says based on a joint assessment of financing conditions and inflation outlook, ECB expects purchases under PEPP over next quarter to be conducted at a significantly higher pace than during first months of this year
— DailyFX Team Live (@DailyFXTeam) March 11, 2021
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