Published on Friday, October 21, 2016 | Updated on Monday, October 24, 2016

ECB Watch: few clues for December

Today's ECB meeting provided little news apart from dismissing rumors of tapering. Decisions have been postponed to December, as widely expected, and no clues were provided on the discussion of QE extension or technical changes to cope with bond scarcity problems. We continue to expect the ECB to announce an extension of QE by December.

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