MARKET NEWS
15 July 2014
Bloomberg poll: what will ECB do?
Bloomberg has surveyed 28 economists of the leading banks asking about their expectations of the European Central Bank’s policy. These forecasts provide a glimpse into how the market feels.
1. Rate cuts
- ECB will make no more cuts in the refi rate: 100% of respondents
- ECB will make one more cut in the deposit rate in Q1 2015: 3% of respondents
- ECB will make no more cuts in the deposit rate: 97% of respondents
2. Rate will be increased in:
- 2017: 39% of respondents
- 2016: 45% of respondents
- 2015: 13% of respondents
- 2018: 3% of respondents
3. ABS program will happen in:
- 2015: 50% of respondents
- 2014: 44% of respondents
- Never: 6% of respondents
4. The state of the European economy during the next month will be:
- Unchanged: 76% of respondents
- Improving: 14% of respondents
- Deteriorating: 10% of respondents
More:
http://fxbazooka.com/en/news/show/1461
15 July 2014
Bloomberg poll: what will ECB do?
Bloomberg has surveyed 28 economists of the leading banks asking about their expectations of the European Central Bank’s policy. These forecasts provide a glimpse into how the market feels.
1. Rate cuts
- ECB will make no more cuts in the refi rate: 100% of respondents
- ECB will make one more cut in the deposit rate in Q1 2015: 3% of respondents
- ECB will make no more cuts in the deposit rate: 97% of respondents
2. Rate will be increased in:
- 2017: 39% of respondents
- 2016: 45% of respondents
- 2015: 13% of respondents
- 2018: 3% of respondents
3. ABS program will happen in:
- 2015: 50% of respondents
- 2014: 44% of respondents
- Never: 6% of respondents
4. The state of the European economy during the next month will be:
- Unchanged: 76% of respondents
- Improving: 14% of respondents
- Deteriorating: 10% of respondents
More:
http://fxbazooka.com/en/news/show/1461