View full page at forexfactory.com

 

Draghi said to debate benchmark and deposit rate cuts of 10-15 bps – BBG

From forexlive.com

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 action that nearly ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News