EUR: The ECB Effectively Closed The Door For Rates ‘Lift-off’ Under Draghi’s Watch – SEB

The ECB left its policy measures unchanged and acknowledged the slowdown. However, Draghi remained optimistic about wages. What’s next? Here is their view, courtesy of eFXdata: “As expected, today’s ECB (interim) meeting delivered no monetary policy changes. All policy parameters including the wording of forward guidance remained unchanged. Contrary to our expectation, however, the ECB […]

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