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ECB extends its Easy Money policy Until Mid-2020. U.S. Jobs data Weak.

ECB extends its Easy Money policy Until Mid-2020. U.S. Jobs data Weak.

5 Months ago | June 09, 2019 00:00:00

John M. Bland, MBA, co-founder, Global- View.com

ECB President Draghi Extends Dovish Policy to Mid-2020 In light of the ongoing weakness of the Euroarea economy, It came as no surprise to anyone that the European Central Bank extended its dovish rate guidance further in time at its policy board meeting on June 6 in Vilnius. At this meeting it announced policy actions on official policy guidance and on TLTRO (Targeted Long Term Repo Operations). First it said it now sees interest rates at present levels at least though 1H20. The ECB said this action was necessary to ensure the continued sustained convergence of inf

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