Reuters poll of economists

  • 56 of 57 economists say European central bank will shut QE programme by end of December 2018; one says March 2019
  • ECB to wait six months after ending asset purchase programme before raising rates - median view of 51 economists
  • Euro zone GDP growth to average 2.3 pct in 2018 and 1.9 pct in 2019 (vs 2.2 pct, 1.8 pct in January poll)
  • Euro zone inflation to average 1.5 pct in 2018 and 1.6 pct in 2019 (vs 1.5 pct, 1.6 pct in January poll)

If you are sitting on the edge of your chair awaiting an ECB rate hike, go and have a cup of tea - there is plenty of time according to economists. As for an end to ECB QE ... coming in December they say.

I wonder if this'll put a dampener on EUR appreciation?

---

Bitcoin a Bubble? Five insights from the ASAC Fund