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Published on Friday, January 25, 2019 | Updated on Monday, February 11, 2019

ECB | No decisions, but more dovish on the balance of risks

Summary

The ECB is assessing the extent of the slowdown before discussing monetary policy measures. The balance of risks has moved to the downside. No modification in the policy or forward guidance, but the door is open for changes in the coming months.

Geographies

Documents and files

Report (PDF)

BCE_Watch_0119-1

Spanish - January 25, 2019

Report (PDF)

ECB_Watch_0119

English - January 25, 2019

Authors

SC
Sonsoles Castillo BBVA Research - Chief Economist for Financial and Economic Analysis
MJ
Miguel Jiménez BBVA Research - Lead Economist
MM
María Martínez BBVA Research - Principal Economist
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