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What To Expect From ECB? - Views From 17 Major Banks
The following are the expectations for today's ECB March meeting as provided by the economists at 17 major banks along with some strategies to play the EUR into the event as provided by the FX strategists at these banks. Goldman: We expect rates on hold (ECB Main Refinancing Rate at 0.05%, in line with consensus), and we expect the Governing Council of the ECB to provide more details about its sovereign asset purchase program. Morgan Stanley: The ECB is set to provide the details of the QE programme today as well as the new staff forecasts, which are likely to be extended out to 2017. Our economists expect an upward ... (full story)
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