According to the accounts of the European Central Bank’s April 10 assembly, policymakers famous that some latest knowledge have been even weaker than anticipated and added that the inflation was uncomfortably beneath the ECB’s goal.
Key quotes (through Reuters)
Confidence in restoration in second half of 2019 considerably decrease however knowledge nonetheless in keeping with baseline.
TLTRO phrases to be determined at one of many upcoming conferences; to have in mind development, bank-based transmission.
Some argued for TLTRO to perform as backstop, some need to use it for adjusting coverage stance.
ECB might think about whether or not unintended effects of destructive charges want mitigation.
Negative deposit fee nonetheless contributing to elevated mortgage volumes.
Signs of moderation in international exercise have continued, commerce weak point persisting.
Weakening mortgage dynamics noticed since September, in keeping with development slowdown.