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ECB shifts back timing of policy decisions, press conferences

ECB to drain cash in offset to new yield-capping scheme -sources
ECB to drain cash in offset to new yield-capping scheme -sources Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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FRANKFURT - The European Central Bank has shifted the timing of its policy announcements and press conferences, unveiling its decisions later than in the past and shortening the lag between the two events, it said on Monday.

Starting with the July 21 policy meeting, decisions will be announced at 14:15 Frankfurt time, 30 minutes later than in the past, while ECB President Christine Lagarde's news conference will start at 14:45 Frankfurt time, 15 minutes later than previously.

The dates of upcoming policy decisions remains unchanged.

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