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2021/04/22 / Erste Group Research

ECB remains on vague course

As expected, the ECB Governing Council decided on no change in monetary policy at today's meeting. ECB President Lagarde confirmed that the last few weeks had developed essentially as had been expected at the March meeting. She said that the short-term risks to the economy were still on the downside, while the medium-term risks were more balanced. The outlook for the further development of securities purchases within the framework of the PEPP program was more difficult.

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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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