Published on Wednesday, April 10, 2019 | Updated on Thursday, April 11, 2019
The ECB reaffirms its dovish tone
Summary
April was a transition meeting for the ECB, with no changes in the forward guidance and little information on hot issues (liquidity measures and tiered-deposit rates). Still, Draghi sounded dovish on the macroeconomic outlook and his reiteration that they are ready to act with all available instruments. We expect details on the TLTRO-III at the June meeting.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Central Banks
- Macroeconomic Analysis
Tags
- Tags
- Monetary policy
- Draghi
Documents and files
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
MM
María Martínez
BBVA Research - Principal Economist