Free Trial

ECB Leans Against Expansion Report

ECB
  • In response to an email request, the ECB lean against this morning Expansion report, writing that the report misrepresents the Money Market Contact Group's role, adding that the group isn't advisory to the ECB and doesn't provide insight into the central bank's intentions - although they stop short of outright denying that any such tool is under consideration.
  • Follows the report in Spanish press that the ECB was considering adding a 4th policy rate to its existing slate of three (refinancing, deposit, marginal lending).
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.