Nevertheless, the European Central Bank surprised with an increase in interest rates by 25 basis points. The market consensus indicated no changes. However, the market received a signal that yesterday's move was probably the last one and [...]
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9 Września 2021
ECB: Expected slowdown in the monthly asset purchases under the PEPP
We agree with the consensus on the expected no change in monetary policy after the meeting of the Governing Council scheduled for today. The general financing conditions seem very loose. This opens the way to slow down [...]
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