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ECB minutes: Considered sharper rate cut in March

Discussion in 'Fundamental Analysis' started by ForexLive, Apr 7, 2016.

  1. ForexLive

    ForexLive Forum Member

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    ECB minutes form March - Saw sharper rate cut as reaching lower bound - Discussed negative rate exemption in March - Saw exemptions scheme as too complex - Saw higher risks of second round effects That's quite a dovish slant on the minutes. The ECB are unlikely to act anytime soon after the move on rates and increase in QE announced in March. They'll want to let those actions have some time to go to work.

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