EU’s Economic Collapse Brings on New ECB Initiatives

EU’s Economic Collapse Brings on New ECB Initiatives

$EUR

FLASH: ECB will maintain current level of rates through the end of Y 2019 and launch new targeted longer-term refinancing operation (TLTRO-III) in September

European Central Bank presented a huge set of monetary policy initiatives Thursday that sent economists and analysts on Twitter spinning.

Below are some of their quick reactions as the EUR dove in reaction to cuts in ECB growth and inflation forecasts, as well as new cheap loans for banks.

Stay tuned…

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

You must be logged in to post comments :  
CONNECT WITH