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2021/03/11 / Erste Group Research

ECB intentions not entirely clear

As expected, the ECB’s Governing Council reacted to the rise in bond market yields. The written part of the statement after the meeting that ended today said that the Governing Council expected purchases under PEPP at a significantly higher pace during the coming quarter compared to the first months of this year. In the press conference, ECB President Lagarde then explained the monetary policy stance. However, some things remained unclear.

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General information

AuthorErste Group Research
Product nameShort Notes Major Markets
Topic in focusMacro/ Fixed income
Economy in focusEurozone
Currency in focusEuro
Sector in focus-


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