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19th Jul 2017 06:54Eurozone, Economic Monitor

The ECB is unlikely to make any changes to its policy stance today. We think the central bank will keep its refinancing and deposit rates at 0.00% and -0.4%, respectively, and maintain the pace of QE at €60 per month until the end of the year. We also don't expect any substantial change in the language on forward guidance and QE.

yield yields eur usd draghi dove dovish current account current account surplus ecb qe portugal core inflation inflation oil oil prices oil price fed cot hawk hawkish interest rates

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Keywords for: 20 July 2017 Today's ECB Meeting Ought to be Snoozer, But Expect Volatility

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