Livesquawk with an MNI sources story

  • Draghi's Sep shift in tone is quite significant
  • QE prevented a further major decline into deflation (thought it wasn't being called deflation)
  • Jan may be the time to signal where' we're going in Sep
  • QE issue limit changes are purely technical
  • New wage agreements are decisive for EMU recovery

Despite the increased rhetoric on QE from ECB members, I don't think there's many people who think that the ECB will act again this soon