1min chapter

The ECB Podcast cover image

President Lagarde presents the latest monetary policy decisions – 21 July 2022

The ECB Podcast

CHAPTER

Pandemic Emergency Programme

The scale of t p i purchasers depends on the severity of the risks facing policy. Purchasers are not re ted ex ante. By safeguarding the transmission mechanism, the t p i will allow the governing council to more effectively deliver on its price stability mandate. The details of the tepi are described in a separate press release that will be published at three forty five.

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