Tag Archives: ECB monetary easing

Macroview ECB keeps holding pattern, but we expect an extension of bond purchases in December Nothing in today’s ECB press conference challenged our view that quantitative easing (QE) will be extended at the bank’s next policy meeting on 8 December. We continue to expect the bank to use this meeting to announce a six-month extension of its QE programme beyond March 2017, with monthly asset purchases maintained at their current pace of EUR80 bn monthly, resulting in EUR480 bn in extra asset...

Macroview Euro area inflation remains sluggish, holding out the prospect of further intervention by the ECB before year’s end. Euro area headline inflation remained broadly stable in August, at an annual rate of 0.2%, according to a flash estimate from Eurostat on August 31, while core inflation unexpectedly declined. Excluding energy, food, alcohol and tobacco, prices rose at an annual rate of 0.8% in August, according to the flash estimate, compared with 0.9% in July. The broader picture...