Présents : Thierry, Laurent, Jacques, Dennis, Bart, Hervé. Absent : M-C Vu la volatilité sur les marchés européens, le comité s’est réuni en réunion extraordinaire ce 11 mars. Jeudi 10 mars : la BCE annonce des taux encore plus bas (-0.4%) et encore plus d’achats d’obligations (60 > 80 mlds). Du coup, les ordinateurs-robots projettent le Stoxx50 […]
The oracle Frankfurt decreased the rate of -0.2 to -0.3% yesterday. It does not change the face of Europe… He might as well do nothing, because it was not (yet) really necessary. The ECB made thus a small gift. Apparently, “the markets” were expecting something more spectacular and more imaginative. And now the market makers […]
As expected, the ECB left its monetary policy unchanged. However, at the following press conference, Draghi strongly hinted that more accommodation could be provided at the December meeting to respond to external downside risks.