5 See ECB (2020), “ECB announces € billion Pandemic Emergency Purchase Programme (PEPP)”, 18  March. 6 See Schnabel, I. (2020), “How long is the medium term? Monetary policy in a low inflation environment”, speech  at the Barclays International Monetary Policy Forum. 7/7  BIS central bankers' speeches
We need to work together to ensure that the longstanding confidence in the Treasury market is sustained in the future. This conference provides an excellent opportunity to continue this discussion and work on these issues. Thank you for coming. I look forward to today’s dialogue and the ongoing engagement between the Joint Member Staffs and the public. 3/3  BIS central bankers' speeches