ECB’s Meeting: Draghi Will Not Stop To Remind That The Purchases Programme Is Flexible
The ECB’s meeting next Thursday will serve to prolong the continuist tone and will be characterised by an appearance by Draghi in which he will continue with his message of prudence. The Italian will also recall that the ammunition remains ready and will insist on the roll-over of matured assets in the portfolio linked to QE, at the same time as again deferring raising interests rates, signalling summer 2019 as a posible date.