Published on Friday, October 26, 2018 | Updated on Friday, October 26, 2018
The ECB sticks to its strategy, unmoved by Italy
Summary
There were no changes in the ECB’s monetary policy stance. The key interest rates are expected to remain “at their present levels at least through the summer of 2019”. The end of the APP is on track, and the Italian crisis is not affecting the ECB’s plans. The ECB confirmed that risks for economic outlook remains broadly balanced despite weaker momentum.
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Authors
SC
Sonsoles Castillo
BBVA Research - Chief Economist for Financial and Economic Analysis
MJ
Miguel Jiménez
BBVA Research - Lead Economist
MM
María Martínez
BBVA Research - Principal Economist