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Monetary policy accounts, Meeting of 9-10 December 2020
Council’s previous monetary policy meeting on 28-29 October 2020. Developments in global financial markets had been driven by a strong improvement in risk sentiment. The main catalyst had been the news on the effectiveness and imminent roll-out of multiple coronavirus (COVID-19) vaccines. Two additional factors had reinforced and amplified the improvement in risk sentiment. First, there were growing signs of a forthcoming bipartisan fiscal stimulus programme in the United States in the wake of the formal commencement of the presidential transition process. Second, the communication by the ECB’s Governing Council ... (full story)
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ECB ACCOUNTS: CONCERNS WERE VOICED OVER RISKS RELATED TO DEVELOPMENTS IN THE EXCHANGE RATE THAT MIGHT HAVE NEGATIVE CONSEQUENCES FOR THE INFLATION OUTLOOK #News #Forex #INFLATION #ECB
— Capital Hungry (@Capital_Hungry) January 14, 2021
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$EUR - ECB MONETARY POLICY MEETING ACCOUNTS: IT WAS CAUTIONED, HOWEVER, THAT UNCERTAINTY REMAINED HIGH AND POSITIVE SENTIMENT COULD ERODE QUICKLY.
— North Africa Trading (@Forexmkts) January 14, 2021
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ECB Minutes: All Members Agreed Additional Support Was Needed
— LiveSquawk (@LiveSquawk) January 14, 2021
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#ECB minutes - Ready to increase the PEPP envelope if needed.$EURhttps://t.co/02A8BiHROm
— ForexFlow (@forexflowlive) January 14, 2021