ECB's Vasiliauskas: Surprised by extent of forecast revisions
|The European Central Bank (ECB) Governing Council member - Vitas Vasiliauskas was out with some comments in the last hour and said that the central bank acted pre-emptively, the reaction was needed. Surprised by the extent of forecast revisions, Vasiliauskas added further.
Additional quotes:
• ECB has time up until September to agree on TLTRO details.
• New TLTROs will not include mortgage lending.
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