View full page at forexfactory.com

 

Lagarde’s Big Change Means ECB Has a New Message

From bnnbloomberg.ca

European Central Bank officials are poised to reveal just how their new monetary strategy, unveiled with fanfare earlier this month, will actually make a difference to investors. At their decision on Thursday, policy makers will tweak their stance to reflect changes ranging from a slightly higher inflation goal of 2% to an explicit allowance that they might overshoot it for a while. ECB President Christine Lagarde has already primed financial markets, saying they should prepare for new guidance on stimulus “given the persistence that we need to demonstrate to deliver on our commitment.” With investors growing more ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis