ECB ‘Recalibrates’ Easing Measures. Ups Pandemic QE Program To €1.85 Trillion

ECB ‘Recalibrates’ Easing Measures. Ups Pandemic QE Program To €1.85 Trillion

As expected, the ECB topped up its emergency pandemic QE program (PEPP), adding €500 billion in firepower to the facility, which serves as the cornerstone of Christine Lagarde's crisis-fighting effort. Europe is grappling with an aggressive second wave of COVID-19, and associated lockdowns are generally expected to tip the region into a double-dip downturn. "In view of the economic fallout from the resurgence of the pandemic... The Governing Council decided to increase the envelope of the pa
Subscribe or log in to read the rest of this content.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints