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ECB disappoints but will act soon - ABN AMRO

Discussion in 'Fundamental Analysis' started by ForexLive, Sep 8, 2016.

  1. ForexLive

    ForexLive Forum Member

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    ABN AMRO reaction to the ECB The ECB disappointed keeping its monetary policy stance completely unchanged. The inaction with regard to policy rates and the pace of QE purchases was as expected. However, we had expected the Governing Council to expand the horizon of its QE programme. The ECB also did not announce changes to its QE programme to increase the universe of eligible assets at the press conference.

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