• Will Italian Developments Influence The European Central Bank?

    3 monthes ago - By ETF Daily News

    From Franklin Templeton Investments : The future of the European Central Bank's three-year-old quantitative easing program lies in the balance. Will the bank's governing council use its scheduled June meeting to extend the program or confirm that asset purchases will end in September?
    David Zahn, Franklin Templeton's head of European Fixed Income, believes recent European economic data and political developments in Italy point towards an extension. And he argues that means eurozone interest-rate hikes are unlikely before 2020.
    The European Central Bank started its quantitative easing...
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