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>> LTRO Latest News

NOV 04, 2013 - Zero Hedge

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Key Events And Issues In The Coming Week

Looking ahead, Thursday will be a busy day with the ECB (plus Draghi’s press conference) and BoE meetings. Some are expecting the ECB to cut rates as early at this week although most believe the rate cut will not happen until December. Draghi will likely deflect the exchange rate’s relevance via its  impact on inflation forecasts. This could strengthen the credibility of the forward guidance message, but this is just rhetoric — a rate cut would require a rejection of the current recovery hypothesis. They expect more focus on low inflation at this press conference, albeit without ... Read More

Tags: Key Events And Issues In The Coming Week,  Ltro Latest News