In addition, to safeguard price stability in an economic crisis like the one we are facing today, it is imperative for monetary policy to keep interest rates low and support the economy as a whole. In particular, generally favourable ﬁnancing conditions encourage new investments, which are also needed for sustainable growth.
https://www.bundesbank.de/en/press/speeches/combating-climate-change-what-central-banks-can-and-cannot-do-851528  4/8  20/11/2020  Combating climate change – What central banks can and cannot do | Deutsche Bundesbank  Asset purchase programmes are one component of the Eurosystem’s expansionary monetary policy. To be effective, the programmes need to be broad-based. Our purchases of private bonds are thus guided by the principle of “market neutrality”.