Global Analysis from the European Perspective. Preparing for the world of tomorrow

ECB hints at more stimulus in December as new coronavirus lockdowns are imposed

  • The latest statement from the ECB suggests that policymakers will adjust their monetary policy based on upcoming forecasts due in December.
  • The pre-commitment comes at a time when France and Germany have announced new nation-wide lockdowns.
  • “The door for December action is wide open. Let’s hope that the situation doesn’t worsen further so that the ECB has to rush through the door earlier than planned,” Carsten Brzeski, global head of macro at ING, said. Source ECB

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