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2021/09/09 / Erste Group Research

ECB cautiously optimistic

The meeting of the ECB Governing Council that ended today brought the result that had been widely expected. The monthly securities purchases under PEPP will be reduced ‘moderately’. The slightly better economic and inflation outlook combined with lower yields in the bond market ensure favorable financing conditions and thus allow this measure, which as expected was not quantified.


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General information

AuthorErste Group Research
Date2021/09/09
Languageen
Product nameShort Notes Major Markets
Topic in focusMacro/ Fixed income
Economy in focusEurozone
Currency in focusEuro
Sector in focus-
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