Commenting on the European Central Bank’s (ECB) October meeting accounts, “the assessment of the economy and discussions about the risks surrounding the ECB’s expectations made the accounts of the October policy meeting a bit of a dovish read,” said Rabobank analysts. Key quotes “In particular the discussion about underlying inflation dynamics and the factors driving the protracted sluggishness in inflation suggest the Council is becoming less certain whether it will be able to reach its inflation aim.” “In the near-term the ECB’s call for increased fiscal stimulus, growing concerns about side effects of policy measures, and the ECB’s strategic review may slow down decision making.” “But, pressures to act will likely increase over the course of 2020. We maintain our call of three more rate cuts starting in March 2020, but acknowledge risks that the ECB may hold until later in the year.” 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 The United States Financial Crimes Enforcement Network (FinCEN) sends out request to all crypto exchanges FX Street 3 years Commenting on the European Central Bank's (ECB) October meeting accounts, "the assessment of the economy and discussions about the risks surrounding the ECB's expectations made the accounts of the October policy meeting a bit of a dovish read," said Rabobank analysts. Key quotes "In particular the discussion about underlying inflation dynamics and the factors driving the protracted sluggishness in inflation suggest the Council is becoming less certain whether it will be able to reach its inflation aim." "In the near-term the ECB's call for increased fiscal stimulus, growing concerns about side effects of policy measures, and the ECB's strategic review… 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.
