ECB kept monetary policy stance unchanged
Published on Friday, September 9, 2016 | Updated on Wednesday, September 14, 2016
ECB kept monetary policy stance unchanged
Summary
The ECB kept rates unchanged and reaffirmed the plan to run the APP to March 2017 or beyond if needed. The GC did not discuss any measures (including an extension of the APP). The GC tasked the relevant committees to evaluate the options that ensure a smooth implementation of its purchase programme. The Staff barely changed its projections over the forecast horizon
Topics
- Topic Tags
- Central Banks
- Financial Markets
Authors
Sonsoles Castillo
BBVA Research - Chief Economist for Financial and Economic Analysis
Agustín García
BBVA Research - Lead Economist
María Martínez
BBVA Research - Principal Economist