ECB: in line with expectations - BNP

FXStreet (Guatemala) - Analysts at BNP Paribas noted that at its August meeting, the ECB left its monetary policy stance unchanged.

Key Quotes:

“While the ECB signalled that it could do more if needed, the most likely scenario is that the Bank will not embark on further actions any time soon. Conditions would have to drastically deteriorate to force the ECB to act.