Comments by ECB governing council member, Francois Villeroy de Galhau
- Europe faces great economic uncertainties
A preview of what to expect ahead of the ECB meeting this week perhaps? I reckon they could recycle the headline comment alongside some minor downgrades to their macroeconomic projections on Thursday.
However, they should leave their forward guidance unchanged and continue to reiterate that they will monitor economic developments before deciding on how to proceed next. I reckon the only thing to watch out for this week is if they give any further details on TLTROs.
