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ECB’s Draghi: Correct Meds – Maybe Wrong Dose?
It's not a surprise to witness Euro markets remaining in a holding pattern ahead of the BoE and ECB rate announcement this morning. The "old Lady's" Governor Carney is expected to stick to his central bank playbook with no changes expected. But for Draghi and the ECB, the market has high expectations of the Euro central bank to come out swinging and be aggressive in its quest to rid their region of low inflation and the possibility of deflation while giving further support to its fledgling economic growth. For investors it will be Draghi's post rate announcement press conference that will have the market either ... (full story)