Thursday, February 6, 2014

ECB Kept The Powder Dry, Announced To Release New Economic Projections In March

The ECB refrained from easing further in February despite heightened disinflationary pressures. The accompanying statement is more dovish than expected, though. President Draghi indicated that the economic situation has got more complex and the central bank is 'extremely cautious' over incoming data. To our surprise, the ECB would publish the



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