ECB Should Discuss TLTRO Terms This Month, Simkus Says

The transcript discusses the European Central Bank's Governing Council's consideration of changes to the TLTRO rules. It highlights the need for a discussion on these rules due to changes in the financial and economic environment. The transcript also mentions the importance of adapting monetary policy tools to current economic conditions, referencing Keynes' idea of changing one's mind in response to new facts. The need for a discussion on TLTRO requirements in upcoming monetary policy meetings is emphasized.

How does the speaker reference Keynes in relation to changing economic situations?

What does the speaker suggest should happen in the upcoming monetary policy meeting?