Monthly Archives: June 2020

ECB leaves key rates unchanged, but increased the PEPP by €600 billion

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion. In response to the pandemic-related downward revision to inflation over the projection horizon, the PEPP expansion will further ease the general monetary policy

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