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ECB poised for negative rates, will offer unlimited LTROs – FT

From forexlive.com

The FT is out with an article citing senior ECB officials on what the central bank will do at Thursday’s meeting. Senior ECB officials have hinted that they will also present measures to tackle the plight of the eurozone’s struggling SMEs to counter what ECB president Mario Draghi this week dubbed a “pernicious negative spiral” of low inflation and tight borrowing constraints.Jens Weidmann, Bundesbank president, is planning to support the ECB’s proposal to ease constraints on smaller businesses in more troubled parts of the currency bloc, according to a senior European central banker, but his vote for rate cuts is ... (full story)

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