European Central Bank Monetary Policy Meeting Accounts

The economic growth has been slowing down considerably during this year in the Eurozone. In fact, in recent months the services and the manufacturing sectors have been in contraction in the Eurozone and especially in Germany. Many analysts have commented recently that the Eurozone economy is close to stagnation and that the central bank as well as politicians are ignoring it. But, the ECB accepted defeat in the March meeting. They have sounded increasingly dovish since manufacturing and industrial sectors are in great difficulty, especially in Germany, and they cut deposit rates and also introduced another round of QE. The ECB started the PEPP programme, but let's see if they are taking more measures to fight the recession in this second wave of lock-downs. Please follow us for live coverage in real time of the event by experienced analysts.