ECB Chief Economist Peter Praet on Monetary Policy, TLTROS, German Bunds, Brexit

The transcript discusses the implications of negative interest rates and the need for a convincing monetary policy case. It highlights the current economic conditions, potential future challenges in lending, and the impact of global uncertainties like Brexit and trade tensions. The ECB's new lending program is introduced, emphasizing its flexibility and potential to support lending conditions. The discussion also touches on the ECB's available tools and the importance of political stability for economic confidence.

What role does political uncertainty play in economic sentiment?

What are the implications of the uncertainties in the trade regime?

How does the ECB plan to address potential lending issues?

What are the expected outcomes if the eurozone heads into recession?