Pantheon Macroeconomics - Political uncertainty has surged since the ECB last met, but the central bank likely will refrain from action today. We think the ECB will keep its refi and deposit rates unchanged at 0.05% and -0.4%, respectively, and leave the monthly pace of QE unchanged at €80B.

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21 July. 2016 The ECB Will Stand Pat Today, But Extend QE in September

By Claus Vistesen

Political uncertainty has surged since the ECB last met, but the central bank likely will refrain from action today. We think the ECB will keep its refi and deposit rates unchanged at 0.05% and -0.4%, respectively, and leave the monthly pace of QE unchanged at €80B.

Posted: 21st Jul 2016 in 'Eurozone Documents'

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