ECB staff projection for 2018 HICP at 1.6% only!! Supposed to account for expected effects of today's measures. Über dovish.
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@fwred just to point out that the projections only partially reflect the expected impact of today's measures3 retweets 0 likes -
@Eva_M_Taylor@fwred what does "partially" mean? Why was this not explained in staff forecast document?0 retweets 0 likes
@jonathanalgar @fwred partially in the sense of already priced-in market expectations, but not the estimated impact of today's decisions
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@Eva_M_Taylor@jonathanalgar@fwred Interesting.Does this mean next forecast should include full estimated effects of today's announcement?0 retweets 0 likes -
@atalaveraEcon@Eva_M_Taylor@jonathanalgar perhaps once we get more clarity on TLTRO and CSPP0 retweets 0 likes -
@fwred@atalaveraEcon@Eva_M_Taylor it' s a gd point. I guess never has a staff forecast been released in conjunction with a stimulus..0 retweets 0 likes -
@fwred@atalaveraEcon@Eva_M_Taylor ..when so little technical detail "known" about the said stimulus.0 retweets 1 like
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Frederik Ducrozet
Eva Taylor
Jonathan Algar
Angel Talavera