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ECB on hold, but more details on what’s next

Perspectives» |

September 8, 2017

We expect the ECB to announce a reduction of its asset purchases for 2018 in October. By postponing decisions regarding QE, the ECB opens the door to more of the same for the fixed income markets. This said, the perspective of a turnaround in monetary policy is not going to vanish, and the tapering topic will be back probably sooner than later.

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