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2019/07/22 / Erste Group Research

According to media reports, the ECB is discussing adjusting its inflation target to a "symmetrical" one. However, we do not expect any concrete announcement this Thursday. Rather, the central bank could create more room for maneuver and adjust its definition of the short-term interest rate development (forward guidance). An announcement of concrete interest rate cuts or securities purchases would then not be expected until September at the earliest.

General information

AuthorErste Group Research
Product nameVideo
Topic in focusMacro/ Fixed income
Economy in focus-
Currency in focus-
Sector in focus-


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