Asked about the Russian invasión, ECB President Christine Lagarde responded by saying the central bank would ‘take whatever action is necessary’ to stabilise the euro region’s economy.
With the news in mind, we have started to receive the first impressions from the industry, and how they believe the decision made by the ECB will affect the financial sector.
Prior to the meeting, we have received the views and insights of the professionals within the asset management industry. We have received commentaries from Pimco, Axa IM, Generali investments, Ostrum, Allianz GI, T. Rowe Price and MFS Investment Management.
The ECB meeting took place yesterday and there were no many changes since last meeting but Christine Lagarde made it clear that there is not risk of Stagflation.
We have received the first thoughts from professionals within the asset management industry with their analysis and forecasts for the potential outcomes of this meeting.