Posted on February - 02 - 2011
ECB review: No news, dovish news
Today’s ECB press conference was very much in line with our expectations, confirming our view of no near-term rate action. Here are the highlights:
All in all, we remain quite comfortable with our forecast that the tightening cycle will begin only towards year-end.
Similar Posts:
- Interest rate forecast: Update
- Bernanke Meets the Press
- ECB Rate Decision and Impact on EUR
- Hungary: Base rate left unchanged at 6.00%
- ECB meeting: A double dip is not on the cards
