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ECB Economic Bulletin August 2018

Download our summary of the August 2018 ECB Economic Bulletin to review the latest ECB updates on monetary policy, economic outlook, and fiscal developments.

ECB Economic Bulletin August 2018 (17 downloads)
ECB Economic Bulletin August 2018

Monetary policy decisions

Key ECB interest rates were unchanged and are expected to remain at present levels through the summer of 2019. Net asset purchases are to continue at €30 billion per month until the end of September 2018. After which, subject to incoming data, monthly purchases will reduce to €15 billion until the end of December 2018 and then end.

Economic overview

The euro area economy is proceeding along a solid and broad-based growth path. Monetary analysis indicates that broad money growth increased again in June 2018, having gradually decelerated since it last peaked in September 2017.

Should you wish to view the original ECB Economic bulletin please go to the ECB website by clicking here

Global economic environment

Global survey indicators signalled a steady growth momentum for the second quarter of 2018. This was supported by Global inflation edging up in May, with annual consumer price inflation in the OECD increasing to 2.6%. The rise was driven by energy prices, while food prices slowed slightly.

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