Economists at Deutsche Bank have adjusted their expectations for the ECB meeting on 12 March amid mounting pressure following market sell-off. Key quotes “We continue to expect a new targeted liquidity facility. This could, for example, take the form of a six month LTRO aimed at backstopping SME lending in affected regions, perhaps complemented by easy collateral rules and flexibilities in now NPLs are recorded.” “We expect a 10bp deposit rate cut to -0.60%. Although we question the wisdom from the perspective of the banking system stability the ECB has persistently argued that the reversal rate has not been reached.” “We expect the ECB to do something to supplement general liquidity.” 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 FXStreet News share Read Next Oil: Saudi Arabia could send WTI to the $20s – TDS FX Street 3 years Economists at Deutsche Bank have adjusted their expectations for the ECB meeting on 12 March amid mounting pressure following market sell-off. Key quotes “We continue to expect a new targeted liquidity facility. This could, for example, take the form of a six month LTRO aimed at backstopping SME lending in affected regions, perhaps complemented by easy collateral rules and flexibilities in now NPLs are recorded.” “We expect a 10bp deposit rate cut to -0.60%. Although we question the wisdom from the perspective of the banking system stability the ECB has persistently argued that the reversal rate has not been reached.”… 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.
