Review: ECB Reduces The Pace of Rate Increases, But Announces Early Beginning of QT

By Brunello Rosa and Nato Balavadze

15 December 2022

In this paper we discuss:

  • The ECB's latest assessment of the Eurozone economy and the incipient recession;
  • What the ECB decided at its December monetary policy meeting and could do in coming months;
  • How the economic forecasts have changed since September; and
  • The market implications of all the above.

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Download PDF: R&R Flash ECB Review - December 2002

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