Eurozone slowdown not just a soft patch Would not have stopped QE if could have forecast the weakness Incoming news since September package has not been positive ECB is still far from its target
Senior EU official says a decision in principle from the EU on extension to Brexit deadline is expected to be announced later today
The headline German IFO Business Climate Index came in at 94.6 in October, same as recorded in the previous month but was slightly better than consensus estimates pointing to a reading of 94.5. Expects slight expansion in Q4 Due to Brexit, uncertainty remains high
ECB releases the results of its latest survey of professional forecasters 2019 inflation seen at 1.2% (previously 1.3%) 2020 inflation seen at 1.2% (previously 1.4%) 2021 inflation seen at 1.4% (previously 1.5%) 2019 real GDP growth see...
Actual: 94.6 Forecast: 94.5 Previous: 94.5
1. German IFO Business Climate The German IFO Business Climate Index will be published on Friday. The index based on a survey of manufacturers, builders, wholesalers and retailers and it measures expectations of German Economic Activity for the next...
Actual: 9.6 Forecast: 9.8 Previous: 9.8
Actual: -0.7% Forecast: -0.7% Previous: 6.2%
Actual: 51.5 Forecast: 50.7 Previous: 51.1
Somehow lower likelihood of hard Brexit has improved the situation. Medium-term Brexit uncertainty is considered with concern. I don't think market misread - they understood our reaction function. Everything that has happened since September shows the Governing Counc...
Draghi says; The ECB is ready to adjust all instruments Incoming data confirms protracted weakness and prominent downside risks Downside risks are prominent, inflation muted ECB is providing substantial monetary policy support
Actual: -0.3% Forecast: -0.2% Previous: 0.3%
Sees rates at present or lower levels until near inflation goal To continue with bond purchases for as long as needed To stop bond purchases shortly before raising rates To reinvest QE debt for extended period of time after first rate hike Confirms to begin...
ECB leaves key rates unchanged in October meeting
Actual: 0.00% Forecast: 0.00% Previous: 0.00%
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