{"id":78227,"date":"2019-03-11T00:20:00","date_gmt":"2019-03-10T23:20:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/opinion\/the-ecb-is-rushing-at-slow-speed\/"},"modified":"2019-03-11T00:20:00","modified_gmt":"2019-03-10T23:20:00","slug":"the-ecb-is-rushing-at-slow-speed","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/opinion\/the-ecb-is-rushing-at-slow-speed\/","title":{"rendered":"The ECB is rushing.. at slow speed"},"content":{"rendered":"<p>Although they will only have 2-year maturities, the LTROs were already announced, so early that details are not even finalized yet. It was visibly considered necessary to send a strong message now. Likewise extending the time-contingent forward guidance to December 2019 was a meaningful action. But Mario Draghi recognizes that, after downward revisions to growth estimates, risks remain to the downside, without even recognizing domestic factors in the process. <\/p>\n<blockquote><p>The anticipations are equally bearish for inflation, with expectations for 2021 CPI at 1.6%, which is now below the level when QE started!<\/p><\/blockquote>\n<p>By its own admission, the ECB is acting but staying behind the curve, thereby sending a loud message to bond investors to buy duration. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although they will only have 2-year maturities, the LTROs were already announced, so early that details are not even finalized yet. It was visibly considered necessary to send a strong message now.<\/p>\n","protected":false},"author":1,"featured_media":78225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1480],"tags":[1655,2073,1943,1437,2087,2086],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/78227"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=78227"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/78227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/78225"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=78227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=78227"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=78227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}