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6 May 2016
ECB Economic Bulletin: Economic recovery expected to proceed - ANZ
Research Team at ANZ, notes that the ECB’s Economic Bulletin suggests that the Eurozone’s economic recovery is expected to proceed.
Key Quotes
“Domestic demand, in particular, continues to be supported by the ECB's monetary policy measures. Their favourable impact on financing conditions, together with improvements in corporate profitability, is benefiting investment. Moreover, the accommodative monetary policy stance, continued employment gains and the still relatively low price of oil should provide ongoing support for households’ real disposable income and private consumption” the Bulletin said.”
Key Quotes
“Domestic demand, in particular, continues to be supported by the ECB's monetary policy measures. Their favourable impact on financing conditions, together with improvements in corporate profitability, is benefiting investment. Moreover, the accommodative monetary policy stance, continued employment gains and the still relatively low price of oil should provide ongoing support for households’ real disposable income and private consumption” the Bulletin said.”