Erste Asset Management - Blog

Artikel zu Schlagwort: forward guidance
Gerhard Winzer am 02nd May 2017

ECB takes another tiny step

(c) iStock

Economic growth in the Eurozone has embarked on a clear upward trend. At the same time, the fear of falling wages and prices has disappeared for now. The worries over a possible break-up of the European Union have also eased. Against this backdrop, the ECB President Draghi issued a slightly more optimistic growth forecast yet again on 27 April at the press conference of the European Central Bank. This is another tiny step indicating a possible reduction of the monetary support in the medium term.

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