The Trader 

Market Outlook: ECB meeting uneventful

The Trader

At yesterday’s scheduled meeting in Frankfurt the ECB’s Mario Draghi stuck with recent vocab saying the economic outlook was ‘solid and broad-based’ despite the threat of trade protectionism remaining ‘prominent’.  He also said that forward guidance – where bond buying would end this year and key rates remain unchanged until at least next summer – was ‘working well’.   

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