Thursday, October 2, 2014

ECB Downplayed Target Of Balance Sheet Expansion

The ECB disappointed the market by sounding less dovish in the October meeting. President Mario Draghi appeared to have de-emphasized balance sheet expansion. While reiterating that ABS and covered bond purchases, together with the TLTROs, would have a sizeable impact on ECB's balance sheet, the statement did not mention the



Continue Read...

0 comments:

Post a Comment

Site Search