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Published on Friday, April 28, 2017 | Updated on Wednesday, May 3, 2017

ECB closer to a neutral balance of risks

Summary

There was neither a discussion on the exit strategy nor clear hints of an early shift in the policy stance but risks to growth are more balanced (though still downwards). We expect some changes in forward guidance in June

Geographies

Documents and files

Report (PDF)

0417-ecb-watch

English - April 28, 2017

Report (PDF)

0417-ecb-watch-spa

Spanish - April 28, 2017

Authors

MM
María Martínez BBVA Research - Principal Economist
JN
Juan Navarro
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