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Published on Friday, October 21, 2016 | Updated on Monday, October 24, 2016

ECB Watch: few clues for December

Summary

Today's ECB meeting provided little news apart from dismissing rumors of tapering. Decisions have been postponed to December, as widely expected, and no clues were provided on the discussion of QE extension or technical changes to cope with bond scarcity problems. We continue to expect the ECB to announce an extension of QE by December.

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Documents and files

Report (PDF)

ECB Watch_1016

English - October 21, 2016

Report (PDF)

ECB Watch_1016_ESP

Spanish - October 21, 2016

Authors

SC
Sonsoles Castillo BBVA Research - Chief Economist for Financial and Economic Analysis
AG
Agustín García BBVA Research - Principal Economist
MJ
Miguel Jiménez BBVA Research - Lead Economist
JN
Juan Navarro
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