ECB Monetary Policy Review – Raises Inflation Forecast But No Taper Talks Yet: CARE Ratings
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
CARE Ratings Research Report
The European Central Bank decided to maintain status quo for key policy rates and reconfirmed the accommodative monetary policy stance.
Additionally, the asset purchase program continues to remain unchanged despite the inching up of inflation and upward revision in the inflation forecast.
The actions of the ECB along with the Fed are indicative of not just the growth tendencies and concerns in the two most important regions but also give an idea of flow of funds in the world economy.
Low interest rates and assurance of liquidity means that the emerging markets can expect steady foreign investment for an extended period.
This has a soothing effect on currency movements.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.