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Jacqui Douglas, Chief European Macro............>

ECB
ECB: Jacqui Douglas, Chief European Macro Strategist at TD Securities writes
that the ECB decision and press release leaves "the door open though to Draghi
hammering more of a dovish message at the press conference, as the ECB
maintained the forward guidance on QE, that it would run until September 2018
"or beyond, if necessary, and in any case until the Governing Council sees a
sustained adjustment in the path of inflation consistent with its inflation
aim." Draghi can emphasise the "or beyond," leaving the door opening to
continuing QE through to at least the end of 2018, if not into 2019."

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