ECB minutes boost hopes for pre-summer supply

By Tyler Davies
11 Jul 2019

Confirmation that the European Central Bank was considering reviving its quantitative easing programme helped give the financial institutions bond market a small boost on Thursday, just as it was starting to show signs of flagging.

Minutes from the ECB’s June meeting showed that its Governing Council members wanted to be “ready and prepared to ease the monetary policy stance further”, given recent changes to the economic backdrop in Europe.

New measures could include “strengthening the Governing Council’s forward guidance”, according to the minutes, as ...

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