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Morgan Stanley expect the ECB to...........>

ECB VIEW
ECB VIEW: Morgan Stanley expect the ECB to announce changes to its forward
guidance next month and deliver a "relatively cautious press conference with the
central bank on high alert".
- MS expect the ECB to continue QE until end of 2018 but will "taper the
purchases in Q4". See risk that ECB "extends QE beyond December, but just for a
few months and at a reduced pace". 

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