BNY Mellon: Commentaar op de ECB-beleidsvergadering 12 december 2019

BNY Mellon: Commentaar op de ECB-beleidsvergadering 12 december 2019

Monetary policy ECB
ECB Europees Centrale Bank.jpg

Onderstaand de verwachtingen van hoofdeconoom Shamik Dhar van vermogensbeheerder BNY Mellon Investment Management voor de ECB-beleidsvergadering van donderdag 12 december.

“Investors will be watching Christine Lagarde’s first monetary policy meeting carefully this Thursday for any signals on her outlook for the economy and policy. Investors will be looking to see if Mario Draghi’s ‘whatever it takes’ mantra will be taken forward. Given the current economic slowdown, we would expect her to continue to keep euro area monetary policy ultra-loose, while at the same time emphasising that too much has been asked of the central bank."

“We might also see Lagarde add to the agenda and distinctively mark her tenure going forward. One area that we expect to see on her agenda is tackling climate change which she recently stated had reached ‘mission critical’. Investors will be watching to see how she plans to bind environmental concerns more closely to policy decisions.”