ECB governing council members have no policy consensus beyond deposit rate cut - MNI
From news.forexlive.com
ECB sources story from MNI •Some question the viability of some easing options •No consensus on a deposit rate cut of 10bp or two tier system •General consensus is a dep rate cut is likely •Board proposals to be decisive for policy package •Some have concerns that the ECB may not meet market expectations •The euro is jumping on the indecision these comments seem to insinuate but they are no surprise. There's hawks and doves aplenty among the governing council so this is just normal discussion. The ECB monetary policy meeting is not decided on a strict voting system. Peter Praet starts by putting forward a proposal ...
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