ECB meeting
ECB Governing Council Recognizes More Difficult Outlook but Keeps Policy Signals the Same
January 24, 2019
The takeaway from today’s ECB Governing Council statement is that “incoming data have continued to be weaker than expected as a result of a slowdown in external demand compounded by some country and sector-specific factors.” Officials are not in denial and explicitly consider the risks associated with their baseline outlook to be skewed to the […] More
Awaiting the ECB Meeting Decision and Press Conference
October 20, 2016
EUR/USD is unchanged ahead of the ECB announcement. A policy change is not expected. Central bank policymakers also reviewed stances in Turkey and Indonesia. The dollar has strengthened 0.3% against the yen. Japan’s Nikkei closed 1.4% higher, while the German Dax is up 0.3%. WTI oil settled back 1.0% to $51.07 per barrel. Comex gold […] More
