• ECB minutes: debated smaller QE cut and shorter duration vs bigger reduction with longer duration

Market news

5 October 2017

ECB minutes: debated smaller QE cut and shorter duration vs bigger reduction with longer duration

  • Discussed trade off between size and duration of QE extension

  • QE extension talk preliminary

  • Praet called for "close monitoring" of the exchange rate

  • View was put forth that intensity of accommodation could be scaled back

  • Policy should be highly accommodative under all scenarios

  • Attention should be paid to market expectations and risk of unwarranted market movements

  • Some argued that FX impact was underestimated in projections, creating downside risk

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.