Market Comment | European assets hit by dovish stance of the ECB’s Governing Council
Published on Thursday, March 7, 2019 | Updated on Friday, March 8, 2019
Market Comment | European assets hit by dovish stance of the ECB’s Governing Council
Summary
Financial markets captured all of the attention in today’s ECB meeting, in which there was a change in their forward guidance, signaling the hold in rates “at least through the end of 2019” along with a new round of liquidity measures, in order to keep the credit flowing. Apart from these new measures, the ECB forecast for the GDP growth was revised down for the eurozone.
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Authors
Juan Navarro
Maria Victoria Ramírez
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