LAGARDE: #INFLATION IS `DISAPPOINTINGLY LOW'#ECB SEES INFLATION WELL BELOW 2% TARGET THROUGH 2023. pic.twitter.com/y99AWq2xN4

— jeroen blokland (@jsblokland) December 10, 2020

Jour de BCE: endettez vous, ils en ont besoin pour se sauver https://t.co/6VD0KrGTdk

— bruno bertez (@BrunoBertez) December 10, 2020

Coming up in 15 minutes: ECB President Christine Lagarde explains today’s monetary policy decisions. pic.twitter.com/DkXqjN644J

— European Central Bank (@ecb) December 10, 2020

La BCE prolonge et augmente de 500 milliards d'euros son programme d'achats d'urgence face à la pandémie
➡️ https://t.co/Fb9HnMOnlY | @ecb @lagarde pic.twitter.com/ZSmNThqug6

— L'Echo (@lecho) December 10, 2020

Euro rises against Dollar as #ECB boosts asset purchase program. pic.twitter.com/RyBXcT8iLd

— Holger Zschaepitz (@Schuldensuehner) December 10, 2020

As expected

*ECB BOOSTS PANDEMIC PURCHASE PROGRAM BY EU 500 BLN

— Daniel Lacalle (@dlacalle_IA) December 10, 2020

#ECB extends PEPP by €500bn to at least end of March 2022, rates unchanged. Increases PEPP bond buys to €1.85tn from €1.35tn, extends it by 9mth. Adds more long-term, loans. https://t.co/jsDa9MkYci pic.twitter.com/RUwm7lmpOU

— Holger Zschaepitz (@Schuldensuehner) December 10, 2020

(underwhelming) ECB decisions:
– €500bn PEPP boost until at least Mar-22
– PEPP reinvestment until at least end-2023
– 3 new TLTRO-III at -1% rate until Jun-22, larger allowances (from 50% to 55% of eligible book)
– looser collateral until Jun-22
– 4 new PELTROs
– APP unchanged

— Frederik Ducrozet (@fwred) December 10, 2020