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Prospect of ECB Monetary Policy Meeting on April 12th, Thursday
Are You Curious About the Insights of the Last ECB Meeting?
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The untold insights of ECB’s March decisions revealed.
ECB Monetary Policy Meeting Accounts on Thursday, April 12th, 2018 at 11:30 GMT.
The European Central Bank (ECB) kept its interest rates unchanged at its March meeting but dropped its easing bias, fueling expectations that it will soon normalize monetary policy in the Eurozone.
This report tends to create high volatility on the markets following its release.
Market experts are divided in 2 groups:
- Bullish factors for the EUR
- The Eurozone economy is strong.
- The ECB is expected to start normalising policy this summer.
- Bearish factors for the EUR
- ECB said it could still extend its €2.55 trillion bond purchase scheme beyond September, if needed.
- Inflation remains under target.
What do you think? Will the EURUSD rise or fall?
What are the ECB Monetary Policy Meeting Accounts?
ECB Monetary Policy Meeting Accounts contain an overview of financial, economic and monetary developments, as well as policy options.
It’s followed by a summary of the discussion, in an unattributed form, on the economic and monetary analyses and on the monetary policy stance.
The accounts offer a fair and balanced reflection of policy deliberations.
The aim is to provide the rationale behind monetary policy decisions and enable members of the public to improve their understanding of the Governing Council’s assessment of the economy and its policy responses in the light of evolving conditions.
