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In reaction to the ECB decision, Holger....>

ECB VIEW
ECB VIEW: In reaction to the ECB decision, Holger Sandte at Nordea writes "The
material change in the monetary policy decision was the reduction and extension
of the asset purchases. Our house view was an extension by (at least) six
months. The longer extension by 9 months mostly aims at pushing out expectations
for a rate hike.".
- Nordea adds "This is not at all the end of easy money but just a step in this
direction."

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