ECB's Draghi: Correct Meds, Wrong Dose

June 06, 2014   |   June 2014 Bond Updates
To no one’s surprise, European markets remain in a holding pattern ahead of the Bank of England (BoE) and European Central (ECB) rate announcements this morning. The "Old Lady's" governor, Mark Carney, is expected to stick to his central bank playbook with no changes expected. But for President Mario Draghi and the ECB, the market has high expectations for the euro central bank to come out swinging and be aggressive in its quest to rid the single currency’s region of low inflation and the possibility of deflation, while giving further support to its fledgling economic growth. For investors it will be Draghi's post-rate announcement press conference that will have the market either singing the ECB poli

View more at: http://www.forbes.com/sites/deanpopplewell/2014/06/05/ecbs-draghi-correct-meds-wrong-dose/
 
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