Cookie Settings
Picture
Contatti
Picture

ECB holds a steady hand, no tapering yet

In breve

Tapering postponed: At today’s policy meeting the Governing Council decided to leave the policy stance unchanged. Most importantly, its stated that net PEPP purchases over the coming quarter will “continue to be conducted at a significantly higher pace than during the first months of the year”. This decision was taken based on a joint assessment of financing conditions and the inflation outlook.

Highlights:

  • At today’s meeting the Governing Council maintained its policy stance. Net PEPP purchases will “continue to be conducted at a significantly higher pace than during the first months of the year”.
  • The growth and inflation outlook improved and – unlike the previous meetings – risks were now assessed as “broadly balanced”.
  • While financing conditions were viewed as “broadly stable” the Governing Council sees risks stemming from higher yields.
  • Exchange rate movements remain on the ECB’s radar screen.
  • All in all, the ECB adopted a steady hand approach. Tapering was postponed and the current speed of purchases could be maintained until the PEPP regularly ends in March 2022.

Download the full publication below

ECB holds a steady hand, no tapering yet
PDF
Competenze
Investimenti Responsabili
Insights
Chi Siamo
Contatti
Picture
Picture

© Generali Investments, tutti i diritti riservati. Questo sito web è fornito da Generali Investments ed è considerato come una comunicazione di marketing e una promozione finanziaria riferita ai prodotti e servizi delle società elencate di seguito, appartenenti al Gruppo Generali: Generali Asset Management S.p.A. Società di gestione del risparmio & Generali Investments Luxembourg S.A. (nel prosieguo, congiuntamente indicate come Generali Investments). Inoltre, il sito può contenere comunicazioni di marketing e promozioni finanziarie di prodotti e servizi di società appartenenti alla piattaforma coordinata da Generali Asset Management S.p.A. Società di gestione del risparmio, nello specifico di Infranity, Sycomore Asset Management, Aperture Investors LLC., Plenisfer Investments SGR, Lumyna Investments, Sosteneo Infrastructure Partners SGR e Generali Real Estate S.p.A. Società di Gestione del Risparmio

Note Legali
Informativa Sui Cookie
Informativa Sulla Privacy
Termini e Condizioni
Copyright
Glossario