ICYMI - Goldman Sachs expect the ECB to begin taper this year

Author: Eamonn Sheridan | Category: Central Banks

Goldman Sachs chief European economist spoke with CNBC Monday (US time) on the exit timetable from the European Central Bank 

  • said that given where the FOMC is placed in regards adjusting policy this "should make the [ECB] Governing Council more confident that it can start to reduce the PEPP purchases later in the year"
  • said the ECB is not "in a rush to follow the Fed in accelerating the exit timetable"
  • But thinks that the ECB will step down the PEPP purchase program at the September meeting going into Q4
More at that link above to CNBC 
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