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Tag: CB President Draghi

Draghi’s assessment at ECB press conference

The ECB has made no changes to its policy or forward guidance, and comments during the press conference are likely to confirm the bank’s optimistic but cautious stance. “Prudence, Patience, Persistence Will Continue to Guide Policy” Draghi’s assessment in press conference: Urges “Decisive Steps” to Complete Banking Union, Capital Mkt Union Monetary Analysis Confirms Need […]

ECB – Monetary policy summary June 2018

Main refinancing rate 0.00% Marginal lending facility 0.25% Deposit facility -0.40% Monthly asset purchases €30 billion QE to end by the end of December Asset purchases expected to be tapered to €15 billion from Oct to Dec Decision on asset purchases still depends on incoming data ECB to keep rates unchanged at least until summer […]