- ECB is unlikely to decide on final TLTRO conditions before June - Reuters reports, citing sources
Notícias do Mercado
12 março 2019
ECB is unlikely to decide on final TLTRO conditions before June - Reuters reports, citing sources
- Policymakers will calibrate loans based on growth figures
- ECB Committee proposed new TLTRO premium at 25 bps above main refinancing rate but governors pushed back saying it was too figh
- A key goal of new TLTRO conditions is to reduce the stock of loans to avoid future cliff effect
- Best TLTRO rate not seen going below zero though the discussion is still ongoing and growth weakness could change terms
- ECB did not discuss tiered deposit, only one governor expressed deep concern about negative rates
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