Report
ECB March meeting: changed forward guidance and new TLTROs
The ECB announced at its March meeting a change to its forward guidance , vowing to keep rates at the current level “throug h the end of 2019†, as well as a new round of TLTR O funding measures for banks. These measures reflect a heightened concern with respect to the economic and inflation outlook. At the same time, Mr Draghi also stressed the Governing Council’s confidence that growth would – not least because of these new measures – reaccelerate again.
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Natixis
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Dirk Schumacher
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