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ECB Preview: Expect Emphasis on Forward Guidance, Continued Tapering
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ECB Preview: Expect Emphasis on Forward Guidance, Continued Tapering

Our central expectation for the European Central Bank (ECB) meeting on 26 October is for the Governing Council to extend asset purchases by nine months at €30 billion per month to September 2018, without yet committing to a specific end date, while strengthening its commitment to keep policy rates and the balance sheet unchanged when asset purchases end next year.

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