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Draghi said to debate benchmark and deposit rate cuts of 10-15 bps – BBG
Headlines from Bloomberg, citing sources. • Draghi poised to keep rate cut option even after June move • “Draghi is likely to signal that any cut this week won’t necessarily be the final one” • Bloomberg cited two unnamed eurozone central bank officials • ECB could offer banks funding equivalent to 5% of their outstanding loan portfolios • Officials will significantly lower the 2014 inflation outlook from the 1% forecast from March Not even a slight knee-jerk reaction in the euro. Most of these headlines are out there but talk of more rate cuts is more dovish than 10-15 bps which is the range of ... (full story)
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