Published on Friday, March 10, 2017 | Updated on Friday, March 10, 2017

Slight change in ECB wording

The ECB is more optimistic regarding the growth outlook. Inflation is revised significantly up this year to 1.7% YoY on increasing energy prices, but the ECB barely changes its broad view on core inflation. They still maintain a dovish bias, but they introduce a small tweak that could be the prelude of additional changes in the coming months

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