Markets take ECB’s QE for granted

mercados expectacion1TC

Mario Draghi is unlikely to announce further monetary stimulus this week since until January 22 we won’t know the impact of the second TLTRO operation. On January 14 the European Court of Justice will also make public its decision about OMT.

JP Morgan experts think however that a sovereign QE will not be necessary.

“By springtime the credit situation as well as the central bank’s balance sheet will improve so it will not be necessary,” they commented on Monday.



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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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