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sd-10-EFTA01387955Dept. of Justice

EFTA Document EFTA01387955

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From: Martin Zeman Sent: 1/23/2019 5:23:24 PM To: 'Paul Barrett CC: Stewart Oldfield Subject ECB view - Euro banks topside play Paul - research piece with some nice charts on the banks topic we talked about. https://research.db.com/Research/Article?rid=2f7Sac9d-Vd7-4014-a215-d9b93915e21b- 604&kid=RP0001&documentType=R Page 16 -> How/when could the ECB adjust rates policy for the banking system? Our baseline view is that the start of the ECB policy tightening cycle will be delayed to

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Dept. of Justice
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sd-10-EFTA01387955
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