ECB May Need to Further Expand QE Eligible Assets, ABN Amro Says
(Bloomberg) -- ECB may need to follow up with fresh measures in coming months, given sharp deterioration of growth and CPI outlook, ABN Amro economist Nick Kounis writes in e-mailed comments.
- ECB measures will probably lead to a material easing of financial conditions
- That said, ECB may well struggle to generate significant volume of purchases; it may need to take further steps to increase the eligible universe of assets as it will struggle to meet its target for German securities under capital key
- NOTE: ECB QE Extension, Corporate-Debt Inclusion Bigger Surprises: CA
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HALISTER1Source: BFW (Bloomberg First Word)
Tickers 2539Z GR (European Central Bank)
People Nick Kounis (ABN AMRO Group NV)
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