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Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on 27-28 October 2021
Ms Schnabel reviewed the financial market developments since the Governing Council’s previous monetary policy meeting on 8-9 September 2021. Market-based measures of inflation compensation in the euro area had surged to their highest levels in over seven years, pushing long-term nominal sovereign bond yields back to levels seen earlier in the year. In the euro area, ten-year inflation swap rates were more than 30 basis points higher than in September 2021 and a full percentage point higher than in December 2020, when the Governing Council had pledged to preserve favourable financing conditions. The five-year ... (full story)
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ECB ACCOUNTS IT WAS HIGHLIGHTED THAT MONETARY POLICY DECISIONS NEEDED TO BE DATA-DRIVEN AND ALL INCOMING DATA DURING THE COMING MONTHS NEEDED TO BE TAKEN INTO ACCOUNT. #News #Forex #ECB
— Capital Hungry (@Capital_Hungry) November 25, 2021
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ECB ACCOUNT: INFLATION WAS EXPECTED TO RISE MORE, FALL IN 2022
— AceMarketU.com (@AceMarketU) November 25, 2021
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ECB Meeting Accounts: Was judged that the PEPP could be expected to end in March 2022