• ECB's Draghi says it is too early to declare success, underlying inflation pressures continue to remain subdued and have yet to show a convincing upward

Noticias del mercado

10 mayo 2017

ECB's Draghi says it is too early to declare success, underlying inflation pressures continue to remain subdued and have yet to show a convincing upward

  • Monetary policy measures always have side effects

  • We do see that real estate dynamics or high household debt levels in some countries signal the risk of increasing imbalances

  • We do not currently see compelling evidence of overstretched asset valuations at the euro area level

  • Maintaining the current very substantial degree of monetary accommodation is still needed

  • We are monitoring these various effects carefully

Orders
We continue to expect USD/CAD will reach the 1.40 level through the middle of the year before USD gains moderate again - Scotiabank
Enfoque del mercado
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