European Central Bank President said the epidemic may last until next year
European Central Bank President said the epidemic may last until next year
In an interview with Bloomberg, European Central Bank President Lagarde said that even though the development of the new crown vaccine has progressed, he believes that it has failed to influence the authorities' forecasts on the economic outlook because she believes that the new wave of new crown virus epidemics may continue until next year. In addition, Lagarde also pointed out that the emergency debt purchase plan and targeted long-term refinancing operations have provided effective support to the economy, and believes that market uncertainty will be reduced next year. The European Central Bank is ready to readjust its measures to continue to ensure that the financing situation is stable so that the crisis will not extend to the financial sector.
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In an interview with Bloomberg, European Central Bank President Lagarde said that even though the development of the new crown vaccine has progressed, he believes that it has failed to influence the authorities' forecasts on the economic outlook because she believes that the new wave of new crown virus epidemics may continue until next year. In addition, Lagarde also pointed out that the emergency debt purchase plan and targeted long-term refinancing operations have provided effective support to the economy, and believes that market uncertainty will be reduced next year. The European Central Bank is ready to readjust its measures to continue to ensure that the financing situation is stable so that the crisis will not extend to the financial sector.
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
