ECB De Guindos: ECB is be closely monitoring 2nd wave risks

ECB De Guindos speaks at IIF conference

ECB De Guindos speaks at IIF conference and says:

  • ECB closely monitoring 2nd wave risks, uncertainty
  • ECB has time to decide future of PEPP
  • high-frequency indicators point to losing momentum
  • our policy action will be consistent with situation
  • will re-assess package based on new protections in December

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