Look ahead to Thursday's ECB meeting no change expected, but a more dovish Draghi

Author: Eamonn Sheridan | Category: Central Banks

A quick take preview of the upcoming European Central Bank meeting on 24 January 2019  

Some comments via ING:
  • We don't expect any significant changes at the ECB meeting.
  • ECB president Mario Draghi will probably try to sound somewhat more dovish without giving away any hints at possible changes in the ECB's stance. 
And, further out:
  • Obviously, the downside risks to the growth outlook already signalled in December have not receded, but at the same time, it is still too early to sound the alarm bells. Unless there is a huge accident in financial markets or the economy, we expect the ECB to sit tight and stick to its current forward-guidance and communication until the June meeting.

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