The effect of any ECB measures could be blunted by the reluctance of banks to increase lending during a review of their balance sheets - (ie TLTRO less effective).
ECB likely to refrain from new measures in next few months - (ie official release that for few months we wont see more easing)
ECB likely to refrain from new measures in next few months - (ie official release that for few months we wont see more easing)