According to analysts at Nordea Markets, the ECB will ease policy again next year as the October monetary policy account indicates that the Governing Council members needed time to make up their minds about the next steps. Key Quotes: “We expect another policy package in March next year, consisting of a 10bp cut to the deposit rate and an additional €20bn per month of APP. The euro area economic outlook is weak and inflation is set to stay well below target, which merits more monetary policy stimulus. Since the last meeting, GDP growth and core inflation numbers came in a bit stronger than expected, but the PMIs are still at very low levels. The last round of PMIs ahead of the next ECB meeting will come in tomorrow.” 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 BoC’s Poloz: Monetary conditions “about right” given the situation FX Street 3 years According to analysts at Nordea Markets, the ECB will ease policy again next year as the October monetary policy account indicates that the Governing Council members needed time to make up their minds about the next steps. Key Quotes: "We expect another policy package in March next year, consisting of a 10bp cut to the deposit rate and an additional €20bn per month of APP. The euro area economic outlook is weak and inflation is set to stay well below target, which merits more monetary policy stimulus. Since the last meeting, GDP growth and core inflation numbers came in a… 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.
