• ECB: Underlying Inflation 'an Ongoing Source of Concern' -- Minutes

Market news

6 October 2016

ECB: Underlying Inflation 'an Ongoing Source of Concern' -- Minutes

  • Weak Bank Profitability Poses Risk for Future Lending

  • Risk of Stronger Hit to Growth From Brexit Vote in Future

  • Too Early to Say Adverse Expectations From Brexit Were Overstated

  • ECB Saw 'Considerable Uncertainty' Around Longer-Term Economic Impact of Brexit Vote

  • Banks Face Numerous Challenges That Might Affect Lending Decisions

  • Possible Revisions to QE Parameters Must Take Account of Policy Effectiveness

  • Underlying Inflation Not Yet Showing Clear Upward Trend

  • 'Increasing Challenges' to Future Implementation of QE at Sept. Meeting

  • Underlying Inflation 'an Ongoing Source of Concern'

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