No commitment to taper from dovish ECB
The European Central Bank’s Thursday meeting marked a return to traditionally dovish form, putting off any discussion of tapering or adjustment to monetary policy, writes Lewis McLellan.
Monitoring the statements of central banks is often an exercise in analysing the slightest change in wording. But, when no such changes occur, their absence can cause just as much speculation.In the run-up to Thursday’s meeting, analysts predicted that the ECB would revise its statement to remove ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com