-
ECB President Lagarde: Ample degree of monetary stimulus is essential
ECB President Lagarde:
— DailyFX Team Live (@DailyFXTeam) January 21, 2021
- Inflation remains very low in the context of weak demand and significant slack
- Data confirms pronounced near-term impact on economy and protracted weakness in inflation
- Ample degree of monetary stimulus is essential#ECB $EUR
-
ECB's President Lagarde: We will monitor developments in the exchange rate.
— U.S. Dollar Smile (@Forexmkts) January 21, 2021
-
ECB President Lagarde:
— DailyFX Team Live (@DailyFXTeam) January 21, 2021
- Resurgence of pandemic has likely led to decline in activity in Q4 2020
- Will also weigh on activity in Q1 2021
- Fiscal policies are supporting households and firms, but consumers are staying cautious#ECB $EUR
-
- SHORT TERM RISKS ON DOWNSIDE DUE TO COVID
— Joel (@JFrank_Crypto) January 21, 2021
- INCOMING DATA CONFIRM PREVIOUS BASELINE
- SEES PROTRACTED WEAKNESS IN INFLATION
- UNCERTAINTY REMAINS HIGH
- WILL MONITOR DEVELOPMENTS IN EXCHANGE RATE
- PANDEMIC TO WEIGH ON ACTIVITY IN 1Q 21
- ECONOMIC DEVELOPMENTS UNEVEN
-
- CONSUMERS REMAIN CAUTIOUS
— Joel (@JFrank_Crypto) January 21, 2021
- ROLLOUT OF VACCINES ALLOWS FOR GREATER CONFIDENCE
- IT WILL TAKE TIME TO REACH WIDESPREAD IMMUNITY
- RISKS TO GROWTH OUTLOOK TILTED TO DOWNSIDE
- DOWNSIDE RISK LESS PRONOUNCED
- INFLATION LIKELY TO INCREASE IN COMING MONTHS
- Comments / Top
- Subscribe
Low Impact
Breaking
