ECB Preview: Cruising to the end of QE – Danske Bank

Analysts at Danske Bank, suggest that during today’s ECB meeting they expect no new policy signals after the June decisions.

Key Quotes

“Draghi's most recent public appearances in Sintra and at the European Parliament shed no new light on its policy stance, albeit at the EU summit he is said to have voiced concerns about private investment.”

“We will focus on potential communication on the short term downside risk stemming from protectionism.”

“Headline inflation was on target in June, but are set to decline towards the end of the year. More important, core inflation dynamics were subdued in June, and only a modest and gradual increase is expected.”