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ECB to Buy Time on Stimulus Exit in Cloud of War: Decision Guide

From bnnbloomberg.ca

The European Central Bank is set to decide how it can shield the continent’s economy from the consequences of the war in Ukraine while navigating an unprecedented inflation shock that shows no signs of abating. Faced with those twin challenges, officials convening this week are expected to take a timeout from charting a path out of extraordinary stimulus measures that include trillions of euros of asset purchases and below-zero interest rates. Doing so would mark another abrupt shift in the ECB’s stance after President Christine Lagarde just last month turned sharply more hawkish in the face of inflation that’s ... (full story)

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  • Category: Fundamental Analysis