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Weidmann: ECB will discuss new outlook at March policy meeting

From news.forexlive.com

Weidmann says inflation rate will rise later than expected • Economic outlook darker than a few weeks ago • No evidence of sharp contraction in China If Draghi can convince Weidmann to pull the trigger, the ECB could deliver a big jolt in March. A short time ago, JPMorgan altered its ECB call for a cut in its deposit rate -0.70% (from -0.30%) and extend QE to the end of 2017 by year end beginning with a 20 bps cut in March. More from Weidmann: • Market volatility has been excessive • Volatility has spread from Asia to the rest of the world What I find most troubling about central bankers at the moment is that they ... (full story)

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