shopify stats

Expectations about ECB Steps

April 15, 2016 6:38 pm

We are expecting that the inflation in eurozone will remain low, some analysts expected that may be ECB cut interest rate into negative territory, but keep in mind Mr. Mario Draghi said on press conference that no more rates cut in euro-zone. This is a strong appreciation of the effective euro, so the upward pressure is continue over the coming 12 months.

Last ECB announced the different programs i.e. QE expanded to 80 billion euro, TLTRO for banks, GDP forecast for 2016 & 2017, these step work very fine in euro-zone and TLTRO perfect for euro-zone banks.

According to these steps ECB expect that wage growth and core inflation improve gradually, but keep in mind improved labour market conditions not increase the wages growth and according same think core inflation remain low.


Leave a Reply