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Published on Thursday, March 7, 2019

ECB | Draghi reacts in all fronts

The ECB strengthened its forward guidance on rates, with no rate hikes at least through the end of 2019. They also launched a new series of TLTROs. The central bank made a significant downward growth revision in 2019, but minor changes in the medium term. Despite the revision, risks remain tilted to the downside.

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ECB_Watch_0319 English March 7, 2019
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Authors

Sonsoles CastilloBBVA Research - Chief Economist for Financial and Economic Analysis
Agustín GarcíaBBVA Research - Lead Economist
Miguel JiménezBBVA Research - Lead Economist
María MartínezBBVA Research - Principal Economist

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Europe

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