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ECB Minutes: Likely to reiterate the easing stance – Lloyds Bank

FXStreet (Delhi) – Hann-Ju Ho, Senior Economist at Lloyds Bank, suggests that the minutes of the ECB’s last meeting on 3 September are more likely to reiterate that the Governing Council stands ready to act should conditions warrant it.

Key Quotes

“The minutes of the ECB’s last meeting on 3 September could attract some attention, especially if further policy stimulus options are discussed.”

“ECB Chief Economist Praet is scheduled to speak today, as are the US Federal Reserve’s Bullard, Kocherlakota and Williams. The FOMC minutes are also due and will be read in the context of the more recent soft US labour market data.”

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