What Can We Expect From the ECB?

December 8, 2016 Share Print 0

The European Central Bank will extend its already generous asset buys on Thursday, aiming to boost stubbornly weak inflation, but with much of its firepower exhausted it may also debate sending a token signal about the eventual end of such purchases.

Emphasising abundant risk, including from elections in potentially four of the euro zone’s five biggest economies, ECB President Mario Draghi is expected to argue that premature tapering – or slowly ending – bond-buying could abort a still timid recovery, unravelling the impact of the purchases.

Reuters

ECB to Continue Loose Monetary Policy But Details in Question

GBP/USD – Pound Slips on Soft Manufacturing Report

House Prices and Hiring Remain Brexit Proof

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Bio
Twitter
Latest Posts

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA

Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.