ECB Keeps to Policy Path as Specter of Trade War Recedes

The video discusses the European Central Bank's (ECB) plans to halt its asset purchase program by the end of December and maintain unchanged rates through summer 2019. It highlights the importance of reinvestments and evaluates Mario Draghi's impact on the ECB's goals, particularly in terms of GDP growth and inflation. The discussion also covers the separation of quantitative easing (QE) reduction from interest rate decisions and the implications for corporate credit markets. Finally, it analyzes the yield curve and interest rate expectations, noting the widening differential between U.S. Treasuries and Eurozone government bonds.

Discuss the potential impact of interest rate decisions on the market next year.

What factors could influence the yield differential between U.S. Treasuries and European bonds?