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Support is solid for an ECB deposit rate cut in March - Reuters
Reuters quoting unnamed policymakers • Support for March deposit rate cut is frim • There is little appetite for radical action now but market turmoil and new forecasts will be key • Measures should be in a package The euro's dropped a tad on the headlines and given the mess the market got itself into before the Dec meeting, this is probably a little message drop so that expectations don't get out of hand again One central bank governor speaking to Reuters said; • Doing nothing in March in unlikely • I think a dep rate cut is fairly undisputed • Monetary conditions have tightened LT inflation expectations ... (full story)
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