ECB’s Lagarde Says Asset Purchases, Longterm Loans Main Tools, Warns Against Vaccine Optimism

Policymakers are set to favor asset purchases and longer term loans at cheaper rates to support the euro area economy during the crisis caused by the coronavirus, or Covid-19, pandemic, European Central Bank President Christine Lagarde hinted on Wednesday, after she clearly signaled late last month that the bank is set to unveil fresh monetary stimulus in December.Original Article