ECB: No changes expected – TDS

FXStreet (Delhi) – Research Team at TDS, don’t anticipate any changes to policy at this week’s ECB meeting.

Key Quotes

“Beyond repeating the themes from December’s minutes, we could see President Draghi acknowledge the risks to their inflation forecast from lower oil prices (echoing the BoE, and saying they’re ultimately a good thing in the medium-term ) while also expressing concern that lower inflation will keep real interest rates higher.”