Ecb Preview Jul21

Flash Preview: ECB Starts Implementing Its New Policy Strategy

by Brunello Rosa and Fawaz Sulaiman Al Mughrabi

16 July 2021

In this paper we discuss:

1. Our latest economic assessment of the Eurozone economy;
2. What we expect the ECB to announce in July and could do in coming months;
3. How we expect the ECB to alter its view on the economy;
4. How we expect the ECB to adjust its forward guidance to reflect its strategy review; and
5. The market implications of all the above.

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