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ECB: No decision on TLTRO expected at December policy meeting

Citing three sources familiar with talks, Reuters reported that the European Central Bank was not expected to make a decision on TLTROs in December’s monetary policy meeting.

Key quotes

  • One source says TLTRO would help banks avoid “cliff edge” in 2020.
  • Another source says TLTRO only needed if policy transmission mechanism hampered.

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