🏦ECB'S PRESSER RUNNING HEADLINES
*ECB'S PRESIDENT LAGARDE: CONTAINMENT POLICIES AND INFECTIONS ARE WEIGHING ON EURO AREA ACTIVITY.
*ECB'S PRESIDENT LAGARDE: THE NEAR-TERM FUTURE IS BLEAK, UNCERTAINTY REMAINS
*ECB'S PRESIDENT LAGARDE: RECENTLY, FINANCIAL MARKETS HAVE BEEN SOMEWHAT STEADY.
*ECB'S LAGARDE SAYS TO CONTINUE MONITOR FX DEVELOPMENTS
*ECB'S PRESIDENT LAGARDE: ECB IS ABLE TO MAKE THE REQUIRED ADJUSTMENTS TO BOTH INSTRUMENTS.
*ECB'S PRESIDENT LAGARDE: THERE IS A RESUMPTION OF GROWTH IN Q2.
*ECB'S LAGARDE SAYS HEADLINE INFLATION LIKELY TO INCREASE IN COMING MONTHS
*ECB'S PRESIDENT LAGARDE: RISKS IN THE NEAR TERM ARE DOWNSIDE.
*ECB'S PRESIDENT LAGARDE: INFLATION IS EXPECTED AT A SUBDUED LEVEL.
*ECB'S PRESIDENT LAGARDE: MARKET-BASED INFLATION HAS BEEN STEADILY RISING
*ECB'S PRESIDENT LAGARDE: THE EU'S NEXT-GENERATION STRATEGY MUST BE OPERATIONAL AS SOON AS POSSIBLE.
*ECB'S PRESIDENT LAGARDE: THE RISK ESTIMATE REMAINS THE SAME AS IT WAS IN MARCH.
*ECB'S PRESIDENT LAGARDE: THE EUROPEAN CENTRAL BANK DOES NOT TARGET EXCHANGE RATES.
*ECB'S PRESIDENT LAGARDE: THERE HAS BEEN AND WILL CONTINUE TO BE A RISE IN PEPP.
*ECB'S PRESIDENT LAGARDE: ECB CAN'T MAKE UP FOR A LACK OF FISCAL STIMULUS.
*ECB'S LAGARDE SAYS PREMATURE TO DISCUSS TAPERING
*ECB'S PRESIDENT LAGARDE: MONTHLY PEPP FIGURES ARE MORE IMPORTANT THAN WEEKLY RESULTS.
*ECB'S PRESIDENT LAGARDE: THE US ECONOMY AND THE EUROPEAN ECONOMY ARE NOT ON THE SAME ECONOMIC PAGE.
*ECB'S PRESIDENT LAGARDE: IT WOULD BE GOOD TO MOVE IN TANDEM WITH THE FED. HOWEVER, IT IS NOT LIKELY
*ECB'S PRESIDENT LAGARDE: IN THE FALL, THE ECB WILL PRESENT THE RESULTS OF THE STRATEGY REVIEW.
*ECB'S LAGARDE: WILL 'DELIVER' STRATEGY REVIEW IN AUTUMN OF 2021, COULD COME EARLIER
*ECB'S PRESIDENT LAGARDE: THE ECB IS NOT DOING YIELD CURVE CONTROL.
*ECB'S PRESIDENT LAGARDE: NEGATIVE RATES ARE AN EFFECTIVE TOOL FOR PROVIDING STIMULUS




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