The Process

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FOMC, June 10, 2020, Press Release – What Has Changed?

Summary The coronavirus outbreak is causing tremendous human and economic hardship (No Change) The virus and the measures taken to protect public health have induced sharp declines in economic...

June 10, 2020

ECB Press Release June 4, 2020 – What Has Changed?

The pandemic emergency purchase programme (PEPP) will be increased by €600 billion, to a total of €1,350 billion. (new) The PEPP expansion will further ease the general monetary policy stance,...

June 4, 2020

ECB Press Conference April 30, 2020 – What Has Changed?

COVID-19 changed everything and ECB, under Madame Legarde, is using the same “whatever it takes” policy to stabilize the European financial markets and to make sure the financial system functions...

April 30, 2020