[INFINOX] ECB Rate Decision

Market Analyst

Discussion about the exit from PEPP would be “premature and too early”, this was the mantra that ECB President repeated over and over in her press conference.

The ECB is playing a very cautious game on its exit from emergency monetary policy decisions in the wake of the COVID pandemic.

After an extremely forgettable April meeting, the Governing Council did a copy and paste job on vast swathes of its policy statement.