Tag Archives: ECB Vienna meeting

Macroview There were few surprises at the ECB's Vienna meeting, apart from the modesty of staff projections for inflation. Greek banks' funding was left on hold. Read full report here The ECB left all its policy settings and its forward guidance unchanged at its 2 June Governing Council (GC) meeting in Vienna, implying low interest rates for an extended period of time. The bank’s focus remains on the implementation of new policy measures, with corporate bond purchases starting on 8 June...

Macroview Signs that inflation is picking up should not prevent ECB heads from striking a dovish tone when they meet in Vienna on 2 June Read full report here The next ECB meeting on 2 June in Vienna will be all about communication. Mario Draghi will need to strike a fine balance between confidence and cautiousness. While we expect the first upward revision to ECB staff projections since Quantitative Easing (QE) started in March 2015, including a rise in its forecast for 2018 HICP...