More stimulus likely to be announced at ECB December meeting, Christine Lagarde says
ECB officials decided to hold off on changes for now, keeping the pandemic bond-buying programme at €1.35-trillion
29 October 2020 - 18:17
Frankfurt — European Central Bank (ECB) President Christine Lagarde said there was “little doubt” that policymakers will agree on a new package of monetary stimulus in December as coronavirus infections and renewed lockdowns threaten a double-dip recession.
The comment to reporters, after policymakers agreed to keep their stimulus settings unchanged for now, highlights how the resurgent disease has derailed the region’s upturn...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.