The European Central Bank (ECB) is likely to further ease the monetary policy on Thursday
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
The European Central Bank (ECB) is likely to further ease the monetary policy on Thursday
The European Central Bank (ECB) decision on Thursday is highly anticipated by financial markets. While recognizing the success of its lending facilities provided in response to the coronavirus crisis, the ECB is likely to further ease the monetary policy.
Some encouraging signs in the lending activity within the Euro area will likely cause the ECB to be slightly optimistic. March and April saw a broad-based surge in loans across countries, not only on short-term credit lines but also on long-term bank loans.
Staff projections, on the other hand, are likely to highlight the GDP contraction and to point to grim economic growth for the rest of the year.
source..