ECB: 7th September ECB meeting not to offer QE guidance - ANZ

Ross J Burland FXStreet

Analysts at ANZ noted that unnamed sources said the 7th September ECB meeting will not be when a roadmap for the future of QE will be released.

Key Quotes:

"Policy- makers don’t want to surprise markets, two people noted."

"The Governing Council has no appetite to rush into a decision as early as this month, and the complexity of the topic means full details of the plan may not even be settled at the October 26 meeting, people say."

"Sounds fair enough."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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