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Weekly Focus: Crunch Time for the ECB

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    On Thursday, we expect the ECB to cut the deposit rate by 10bp to -0.4%, to introduce a two-tier deposit rate system aimed at reducing the cost to the banking sector and signalling the deposit rate could go even lower. We also look for the ECB to frontload QE purchases[​IMG]

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