ECB expected to keep rates unchanged – UOB

Lee Sue Ann, Economist at UOB Group, comments on the upcoming ECV event on later this week.

Key Quotes

“The ECB’s latest announcement – that purchases under the Pandemic Emergency Purchase Programme (PEPP) over the next quarter will be conducted at a significantly higher pace than during the first months of this year – reinforces our view that it will remain highly accommodative for longer.”

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