Reuters with some more headlines from the ECB chief economist
- Gov council will discuss whether there is a case for further action in the context of heightened uncertainty
I reckon we all know they're going to discuss it but will they do anything? That remains the only question to be answered
- downside risks are present and may have increased after Paris attacks
- ECB has some signals that inflation expectations are still fragile
- return to 2% inflation is at risk of being pushed back
- Eurozone remains in an environment of weak price pressures in the medium term
- possible de-anchoring of inflation expectations together with a lot of slack is a dangerous cocktail
Eamonn had earlier Bloomberg headlines here
Meanwhile euro slips a little again on the bearish but realistic comments
EURUSD 1.0652 EURGBP 0.7020 EURJPY 131.44