Market Comment | ECB tweaks forward guidance but normalisation process not discussed
Published on Thursday, June 8, 2017
Market Comment | ECB tweaks forward guidance but normalisation process not discussed
Summary
As expected, at today’s monetary policy meeting there were no changes in the ECB’s monetary policy stance, as the central bank left key policy rates unchanged and confirmed that the monthly asset purchases of €60 billion are intended to run until the end of December 2017 (or beyond if necessary). However, the ECB adopted a […]
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BBVA Research
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