Lagarde speech: ECB Sees 2020 GDP at -8.0% vs. -8.7% Seen in June

Following the European Central Bank’s (ECB) decision to keep its key rates and €1,350 of (PEPP) unchanged, Christine Lagarde, President of the ECB, is delivering her remarks on the monetary policy outlook in a press conference.

“ECB sees 2020 GDP at -8.0% (vs -8.7% seen in June).”
“ECB sees 2021 GDP growth at 5% (vs 5.2% seen in June).”
“ECB sees 2022 GDP growth at 3.2% (vs 3.3% seen in June).”
“ECB sees 2020 inflation at 0.3% (vs 0.3% seen in June).”
“ECB sees 2021 inflation at 1% (vs 0.8% seen in June).”
“ECB sees 2022 inflation at 1.3% (vs 1.3% seen in June).”