ECB Watch: QE extension but unexpectedly at a lower pace
Publicada el viernes, 9 de diciembre de 2016 | Actualizada el viernes, 9 de diciembre de 2016
ECB Watch: QE extension but unexpectedly at a lower pace
Resumen
The ECB extended the asset purchase programme until December 2017, but from April monthly purchases will be cut to EUR 60 bn. Such decision combined with the announced technical changes adds upward pressure on bond yields and leads to steeper curves. The ECB remains in a middle ground between hints of tapering and wording that tries to avoid that impression.
Geografías
- Etiquetas de Geografía
- Europa
Temáticas
- Etiquetas de Temática
- Análisis Macroeconómico
- Bancos Centrales
Autores
Sonsoles Castillo
BBVA Research - Economista Jefe para el Análisis Económico y Financiero
Miguel Jiménez
BBVA Research - Economista Líder