The Financial & Risk business of Thomson Reuters is now Refinitiv

All names and marks owned by Thomson Reuters, including "Thomson", "Reuters" and the Kinesis logo are used under license from Thomson Reuters and its affiliated companies.

June 18, 2018

Chart of the Week: Tighter EA Monetary Policy on the Horizon

by Fathom Consulting.

Across the euro area economies the degree of policy looseness is the greatest it has been since our series began in 1999, potentially explaining why the common currency area has been enjoying such a strong cyclical upturn recently. However, the ECB has announced that, from September of this year, monthly asset purchases will be halved to €15bn a month and phased out altogether by the end of 2018. We also expect that the composition of the ECB’s Governing Council will become more hawkish over the coming year. We believe that GDP growth across the currency bloc peaked in 2017, with a slew of weaker-than-expected survey and other soft data released in the first half of this year suggesting a slowdown in 2018.

Refresh the chart in your browser | Edit chart in Datastream


Thomson Reuters Datastream

Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.

Thomson Reuters offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.

Get In Touch


We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.×