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ECB's Lagarde: Near term outlook is clouded; Covid continues to constrain activity in the near term
ECB's Lagarde:
— DailyFX Team Live (@DailyFXTeam) April 22, 2021
- Near term outlook is clouded
- Persistently high rates of Covid and associated containment measures continue to constrain activity in the near term#ECB $EUR
Added at 8:34am
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- Expect a firm rebound in activity later in year
— DailyFX Team Live (@DailyFXTeam) April 22, 2021
- Underlying price pressures remain subdued
- Preserving favorable financing conditions is essential
Added at 8:36am
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- Financing conditions have been broadly stable recently
— DailyFX Team Live (@DailyFXTeam) April 22, 2021
- Risks to wider financing conditions remain despite stabilization of market rates
- Will continue with PEPP purchases until at least the end of March 2022
Added at 8:38am
Added at 8:38am
pstechnical- Story Stats
- Posted: Apr 22, 2021 8:33am
- Submitted by:Category: High Impact Breaking NewsComments: 2 / Views: 3,103
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