Market Comment | Expectations on monetary policy drove the markets during the week

Resumen

The ECB decided to maintain its monetary policy stance unchanged, but changed the wording slightly, introducing a small tweak that could be the prelude to additional changes in the coming months (see BBVA Research note). Inflation has been revised significantly upwards this year to 1.7% YoY on increasing energy prices, but the ECB has barely changed […]

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