Expansion of crisis assistance?: ECB chief economist nourishes speculation

The European Central Bank(ECB) sees, despite the economic recovery, more as a crisis helper is required, and is feeding speculation about an increase in its bond program. "As for us, we are determined to provide the necessary monetary Stimulus," said ECB chief economist Philip Lane on Tuesday in a Blog entry.

Even if the economy is now better, it's a long way to a full recovery. She was more dependent on support from the ECB and the governments. The Outlook was also "highly uncertain". Lanes word message-sceptic clothing undertone sit up and take notice, because the ECB since the press conference of its President Christine Lagarde after the interest rate decision from 16. July had held for monetary policy issues is largely covered.

Updated Date: 04 August 2020, 12:19