ECB Extends PEPP, APP and TLTROs to At Leaset Until Mid-2022

<p>As promised, the ECB “recalibrated” the existing monetary policy measures at the December meeting. The aim is to ensure that the current level of stimulus remains in presence through to 2020. On the economic projections, the staff revised lower the GDP growth forecast for 2021 but higher for 2022. Inflation forecasts were downgraded quote significantly. [&#8230;]</p>
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