- Will re-assess monetary policy stance in early 2015
- Officials are unanimous to act again if necessary
Nothing new from the ECB monthly bulletin and Finland’s ECB man Erki Liikanen is mirroring the comments almost word for word as he gives the latest expectations for Finland’s economy.
- Lowers long term growth forecast to 1.0% vs 1.5% prior
- GDP to contract 0.2% 2014 & 0.1% in 2015
- Weaker euro, cheaper oil to lead to faster growth
- ECB unanimous to act, re-assess stimulus in 2015 blah blah blah
