Share Article

Facebook
Twitter
LinkedIn

In This Article

EUR: The Case For A New TLTRO

By Barclays via eFXNews

Barclays Research discusses the ECB policy outlook and expects the central bank to announce a round of TLTRO funding in December or early 2019. 

“We believe there are compelling macro- and micro-economic reasons for a new TLTRO, and now expect the ECB to announce a round of TLTRO funding in December or early 2019. Macroeconomic challenges are stacking up: external demand has fallen as risks related to trade, Italy, Brexit and China’s slowing growth have proliferated.

As such, we see TLTRO III as an effective way for the ECB to prevent a tightening in lending conditions at a time of growing macroeconomic risks,” Barclays argues.

Just In

Comment