Published on Friday, March 9, 2018

ECB Watch | Another step towards monetary policy normalization, as expected

Summary

The ECB removed the easing bias on the Asset Purchase Programme. Macro projections remained mostly unchanged. Protectionism (re)emerges as a downside risk.

Geographies

Authors

Sonsoles Castillo BBVA Research - Chief Economist for Financial and Economic Analysis
Agustín García BBVA Research - Principal Economist
Miguel Jiménez BBVA Research - Lead Economist
María Martínez BBVA Research - Principal Economist

Documents and files


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Report (PDF)

BCE-Marzo18

Spanish - March 9, 2018

Report (PDF)

ECB-0803

English - March 9, 2018

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