M&G's Isaacs: Why would the ECB run the risk of tightening?
Decision on Thursday
Stefan Isaacs, deputy head of retail fixed interest at M&G
Stefan Isaacs, deputy manager of the £23bn M&G Optimal Income fund, has said he believes the European Central Bank (ECB) will avoid tightening policy too early for fear of causing an unwanted economic slowdown.
The ECB is expected to end its three-year bond buying programme this September but concerns over liquidity are now prompting commentators to question whether it could be extended. The financial markets...
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