Wait-and-see stance
Published on Friday, June 3, 2016
Wait-and-see stance
Summary
As expected, at today’s monetary policy meeting there were no changes in the ECB´s monetary policy stance, as the central bank left the key policy rate unchanged at 0.0% and the deposit rate at -0.4%. The ECB’s Staff macroeconomic projections barely changed over the forecast horizon. The focus is on the implementation of the measures announced in March
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