Capital markets divided as ECB wheels out big guns once more

1620
By Burhan Khadbai
12 Sep 2019

There was a mixed bag of views across the capital markets after the European Central Bank unleashed a new comprehensive stimulus package on Thursday, comprising restarting net bond buying, a rate cut and a tiered deposit rate system for banks.

Ahead of the meeting, there was a lack of consensus among market participants as to what the ECB would announce. Some said the central bank would announce a new round of bond buying of €20bn-€60bn for a period of nine to 15 months. But others thought it would ...

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