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    Published on Friday, April 27, 2018 | Updated on Monday, April 30, 2018

    ECB Watch | Draghi calm on recent data but more vigilant on protectionism

    Summary

    The ECB left the main lines of its forward guidance unchanged. Draghi did not sound much worried about growth moderation but vigilant on protectionism. There was no discussion on the next steps of monetary policy.

    Geographies

    Authors

    Sonsoles Castillo BBVA Research - Chief Economist for Financial and Economic Analysis
    Agustín García BBVA Research - Lead Economist
    Miguel Jiménez BBVA Research - Lead Economist
    María Martínez BBVA Research - Principal Economist

    Documents and files


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    Report (PDF)

    BCE_Watch_0418

    Spanish - April 27, 2018

    Report (PDF)

    ECB_Watch_0418

    English - April 27, 2018

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