Published on Thursday, August 30, 2012
Global Weekly Flash: ”Waiting for Draghi: a lot of hope is priced in.”
Summary
Stronger data, less chance of QE3. Whatever happens at Jackson Hole, what really matters is what the ECB is about to announce… An agreement on ECB intervention should be expected, but ambiguous enough to get the needed backing.
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- Macroeconomic Analysis
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Authors
BR
BBVA Research
BBVA Research
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