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Published on Friday, June 9, 2017 | Updated on Friday, June 9, 2017

ECB Watch: A first tweak in the forward guidance

Summary

The ECB remove the easing bias on rates. Growth projections are more positive while the inflation outlook remains unchanged despite lower headline inflation projections. In September, we expect the ECB to open the door to tapering next year

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Documents and files

Report (PDF)

ECB Junio 2017

English - June 9, 2017

Report (PDF)

ECB Junio 2017_ESPA

Spanish - June 9, 2017

Authors

AG
Agustín García BBVA Research - Principal Economist
MM
María Martínez BBVA Research - Principal Economist
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