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Oct 23 - 05:00 PM
EUR: Not Anticipating Meaningful Changes From The ECB On Thurs - Barclays
First appeared on eFXplus on Oct 23 - 03:30 PM

Barclays Research discusses its expectations for tomorrow's ECB October policy meeting.

"We do not anticipate meaningful changes to the current monetary policy framework when the ECB meets on 24 October. A few weeks after announcing a comprehensive, but highly controversial, easing package and with Christine Lagarde about to succeed to Mario Draghi in December, we think the Governing Council will refrain from taking any actions," Barclays notes.

"However, data released since the September meeting are not particularly encouraging and geo-politics is mixed bag, suggesting more accommodation is to be expected, in line with our baseline," Barclays adds. 

Source:
Barclays Research/Market Commentary

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