Today, the European Central Bank (ECB) will have its regular monetary policy meeting and after Mario Draghi’s hints that the central bank will not only launch another set of Targeted Longer-Term Refinancing Operations (TLTRO) but potentially cut interest rates. The speculation is whether and by how much this will happen already today. To be fair, the economic growth in Germany and other Eurozone countries has been anaemic recently and inflation is barely above 1%, so the ECB is justified in thinking about additional monetary stimulus.
Europe follows the Swiss
Europe follows the Swiss
Europe follows the Swiss
Today, the European Central Bank (ECB) will have its regular monetary policy meeting and after Mario Draghi’s hints that the central bank will not only launch another set of Targeted Longer-Term Refinancing Operations (TLTRO) but potentially cut interest rates. The speculation is whether and by how much this will happen already today. To be fair, the economic growth in Germany and other Eurozone countries has been anaemic recently and inflation is barely above 1%, so the ECB is justified in thinking about additional monetary stimulus.