Danske Bank analysts explain that the latest ECB minutes from the September meeting released earlier today showed all Governing Council members (GC) wanted to act, but disagreements on how to act. Key Quotes “Markets still question the ECB’s ability and willingness to do whatever it takes.” “We do acknowledge the need for action by the ECB given the low inflationary outlook, but troubles lie ahead, with subdued economic and inflationary momentum, geopolitical risks and no sizeable fiscal support in sight. Inflation is expected to stay stubbornly low at least until the end of next year.” “We expect the ECB to stay side-lined at the 24 October meeting, but the recent fall in inflation expectations increases the probability of further action in the December meeting (or early next year) by the ECB – although it is still unclear what such measures would entail, and the minutes didn’t give any new indication.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Forex News Today: Daily Trading News share Read Next US Pres. Trump: China wants to make a deal, but do I? FX Street 4 years Danske Bank analysts explain that the latest ECB minutes from the September meeting released earlier today showed all Governing Council members (GC) wanted to act, but disagreements on how to act. Key Quotes "Markets still question the ECB's ability and willingness to do whatever it takes." "We do acknowledge the need for action by the ECB given the low inflationary outlook, but troubles lie ahead, with subdued economic and inflationary momentum, geopolitical risks and no sizeable fiscal support in sight. Inflation is expected to stay stubbornly low at least until the end of next year." "We expect the ECB to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
