Lagarde Speech: When conditions of forward guidance are met, we will not hesitate to act

Dhwani Mehta FXStreet

"When conditions of the forward guidance are satisfied, we will not hesitate to act," European Central Bank (ECB) President Christine Lagarde said in an interview titled "Financing the Covid recovery with new economic headwinds" at the Reuters Next online conference.

Further comments

We cannot be riveted to short term, have to look at the direction of travel.

Under current circumstances confident PEPP to stop.

PEPP reinvestment and other tools in the box mean ECB in the market.

Confident about PEPP ending in March.

In December we need to give some clarity to markets .

We need in dec to determine our policy.

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Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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