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Fitch says ECB TLTROs are failing to provide the intended stimulus

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 28, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Ratings agency Fitch casting their eye over the ECB's Targetted Long-Term Refinancing Operations - failing to provide the intended stimulus but helping to reverse the loan contraction that began in 2012 A total of €400bln of TLTROs have been issued since their launch in Sept 2014 but the bulk of lending to Eurozone non-financial corps has remained flat over the year

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