I’m sure they’ll keep us posted

  • ECB measures will bring inflation closer to 2%
  • ECB had to act forcefully or risk financial stability
  • anchoring inflation expectations is essential
  • TLTROs can halt “vicious circle” of constrained lending
  • ECB measures designed to limit bubble build-up by exlusing home loans
  • structural adjustment needed in some Eurozone countries

EURUSD still 1.3618 on the repeated mantra

I wonder who they’ll wheel out next ?