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Monetary policy decisions
The Governing Council judges that the progress on economic recovery and towards its medium-term inflation target permits a step-by-step reduction in the pace of its asset purchases over the coming quarters. But monetary accommodation is still needed for inflation to stabilise at the 2% inflation target over the medium term. In view of the current uncertainty, the Governing Council needs to maintain flexibility and optionality in the conduct of monetary policy. With this is mind, the Governing Council took the following decisions: In the first quarter of 2022, the Governing Council expects to conduct net asset ... (full story)
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*ECB: PEPP TO RUN AT MODERATELY LOWER PACE THAN PAST QUARTER - BBG
— Christophe Barraud (@C_Barraud) December 16, 2021
*ECB: NET BUYING UNDER PANDEMIC PROGRAM WILL END IN MARCH
*ECB TO BOOST APP PACE TO EU40B IN SECOND QUARTER
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ECB: MONETARY ACCOMMODATION IS STILL REQUIRED FOR INFLATION TO STABILIZE AT THE 2% OBJECTIVE OVER THE MEDIUM TERM.
— Breaking Market News (@financialjuice) December 16, 2021
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