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LAGARDE SPEECH: MOST LIKELY NEW BALANCE SHEET WILL BE LOWER THAN NOW

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While testifying before the Committee on Economic and Monetary Affairs (ECON) of the European Parliament on Thursday, European Central Bank (ECB) President Christine Lagarde said that the new policy framework will most likely comprise bond portfolio and lending operations, per Reuters.

Lagarde noted that they expect the framework review to be completed in a couple of months and added that the new balance sheet will most likely be lower than now.


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