ecb speech, 2025-12-03
I will now briefly outline three key instruments in our monetary policy toolkit: Outright Monetary Transactions (OMTs), the technical features of which were announced in August and September 2012; the Transmission Protection Instrument (TPI) announced in July 2022; and the pandemic emergency purchase programme (PEPP) announced in March 2020.
Sentiment: neutral
Topic: mp_interest_rate