ECB’s Lagarde vows to support euro area with more stimulus
Most economists expect another €500bn to be added to the pandemic purchase programme, but some countries need more than others
16 July 2020 - 19:48
Brussels/Frankfurt — European Central Bank (ECB) president Christine Lagarde has said she won’t let monetary policy be constrained as she fights to support the euro area’s economic recovery from the coronavirus crisis.
She said the ECB currently expects to spend the full amount of its pandemic bond-buying programme, in apparent contrast to some policymakers, including executive board member Isabel Schnabel, who recently said going that far may not be necessary...
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