“Today the ECB’s governing council held a meeting to discuss monetary policy and released the latest staff forecasts for the Eurozone economy. Unsurprisingly, the forecasts for inflation in the Eurozone were revised up substantially and the forecasts for GDP growth revised down slightly. The council decided to accelerate the pace of the QE taper in view of the extraordinarily high level of inflation. The PEPP programme ends at the end of March and the APP is now likely to end in June. Reinvestments of holdings as they mature will continue for the foreseeable future.
“Attention will now focus on
“Attention will now focus on
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