ECB monthly economic bulletin repeating previous comments/statement
- will maintain appropriate degree of policy accommodation
- QE sufficiently flexible in size, composition, duration
- Q3 growth seen at broadly similar to pace of Q2
- EZ recovery continuing despite less support externals
- can attribute some of the loss of inflation momentum to EUR strengthening and further declines in oil price
Nothing new here. EURUSD just off session highs at 1.0878 as is EURGBP 0.7071 and EURJPY 132.40
Full ECB bulletins here
