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ECB preview: Ready to do more
Who needs a regularly scheduled European Central Bank meeting, when the action these days seems to take place during spontaneous video or telephone conference calls. After the last regular meeting, which already offered ample liquidity and an increase in quantitative easing, the ECB decided on its €750 billion Pandemic Emergency Purchase Programme (PEPP) and several significant tweaks to its collateral framework. Heading into this week’s meeting, ECB members will try to take stock of all these measures but also get a better grip of the severity of the economic situation. According to media reports, ECB President ... (full story)