ECB looking for a deposit rate cut in December – Livesquawk

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The Livesquawk is reporting “sources” stating that the European Central Bank (ECB) is looking at the deposit rate cut move in December as opposed to the market expectation of more QE.

    Sources say consensus is forming around a rate cut and the current debate is over the size of the cut. Markets have been expecting an expansion in the size of the QE program (currently worth EUR 60 billion per month).

    A cut in the deposit rate in December would in itself make more bonds available for purchases under the QE program.
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