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Yesterday's ECB outing saw the insitution decline to expand its current programmes. At this point and with the BoJ and FOMC fast approaching one has to wonder whether this was a choice or a signal that central banks have a hit a wall in terms of policy.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/from-the-floor-pivotal-ecb-outing-shows-limits-of-central-banks-8050957?utm_medium=tf4-feed&utm_source=extract
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