The monetary policy response to the pandemic emergency. 01/05/2020
ECB - Frankfurt am Main
2020
1 p.
epidemic disease ; monetary policy ; ECB
Financing and monetary policy
https://www.ecb.europa.eu/press/blog/date/2020/html/ecb.blog200501~a2d8f514a0.en.html
English
"In this blog post, I have three aims.[1] First, the elevated uncertainty about the duration of the macroeconomic impact of the COVID-19 pandemic means that policies must be framed in the context of a wide range of possible macroeconomic scenarios: accordingly, I wish to review recent macroeconomic indicators and outline some key features of the scenarios developed by ECB staff that have been published this morning. Second, I will explain the current monetary policy of the ECB, as updated by yesterday's Governing Council meeting. Third, I will outline our approach to setting the future course of monetary policy."
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