European Central Bank President said the epidemic may last until next year
In an interview with Bloomberg, European Central Bank President Lagarde said that even though the development of the new crown vaccine has progressed, he believes that it has failed to influence the authorities’ forecasts on the economic outlook because she believes that the new wave of new crown virus epidemics may continue until next year. In addition, Lagarde also pointed out that the emergency debt purchase plan and targeted long-term refinancing operations have provided effective support to the economy, and believes that market uncertainty will be reduced next year. The European Central Bank is ready to readjust its measures to continue to ensure that the financing situation is stable so that the crisis will not extend to the financial sector.
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