Swiss Economicblogs.org
The central bank’s growth and inflation forecasts were left largely unchanged on Sept. 8, but more intervention is in the offing. The ECB kept policy rates and QE unchanged at its 8 September meeting, in line with our expectations. ECB staff forecasts were broadly stable: the 2018 HICP projection, which was left at 1.6%, while the GDP growth was revised down slightly, from 1.7% to 1.6% in 2017 and 2018.The relative stability in the macroeconomic projections reflects, according to the ECB,...
Read More »ECB: reality check, no QE extension (yet)
