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ECB to cut deposit rate to -0.40 pct in March – Reuters poll

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    As per the latest survey of 23 economists conducted by Reuters, the European Central Bank (ECB) is likely to cut the deposit rate by another ten basis points to -0.40% in March.

    The survey also showed 15 of 23 economists say negative deposit rate will not help bring inflation back to ECB's target. Poll shows there is also a probability of ECB increasing the QE size in March.

    A majority of economists also say there is a high risk of Euro zone inflation falling back to zero or lower this year.
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