ECB prices

Draghi, still behind the curve

MADRID | By Luis Arroyo | The ECB spoke up on Thursday during one of its most expected conclaves. For months, the European institution had been announcing expansive measures if things didn’t change, and it finally made a move. How should we interpret it? Let’s see first why the central bank had to do something “special.”

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ECB is likely to stay put but it is a very close call

LONDON | By Barclays analysts | We expect the ECB to stay on hold at next week’s Governing Council meeting, though we think the likelihood of further easing remains very elevated. Should the ECB decide to act, we remain of the view that cutting rates would be the preferred option. Furthermore, we believe its implementation is not straightforward, making it unlikely in the short term