Swiss Economicblogs.org
We expect the ECB to remain on hold at the 21 January meeting, but the combination of market stress, lower oil prices and renewed concerns about global growth is likely to force the Governing Council to consider easing policy again by the Spring. Two weeks into 2016, six weeks after easing policy at the December meeting, here we are again: the ECB is under pressure to do more. Investors continue to react to a number of related concerns, including the uninterrupted fall in oil prices,...
Read More »ECB Policy meeting preview: The central bank may have no choice but to act again by the Spring
