ECB likely to tweak its growth forecasts higher - ANZ

The euro area is approaching escape velocity and the ECB will probably tweak its growth forecasts higher at its meeting, suggests the analysis team at ANZ.

Key Quotes

“An increasing number of ECB officials have been more vocal on the need to end QE despite undershooting the price stability objective, given growth is so strong. Any hint this ‘hawkish’ camp is gathering more members will mean forward guidance could be updated sooner than expected, propelling the euro higher.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.