Reuters citing sources close to the action, or lack of it. Not really mind blowing as one assumes they have to be ready if necessary given that’s all we’ve heard for months!
- package includes possible rate cut in all three interest rates
- rate cut would be complemented with either targetted LTRO or ABS purchase plan
- ABS purchase plan would take longer than LTRO to become operational
Take the news for what you wish.
EURUSD a tad lower again at 1.3715