ECB Preview: The End Of QE In A Time Of "Risks Tilted To The Downside"
Zero Hedge -

On Thursday all eyes will be on the ECB monetary policy decision announced at 7:45am ET, with the press conference as usual 45 minutes later at 8:30am ET.

The ECB will leave all three key rates unchanged; Mario Draghi is expected to confirm the end of QE, announce next steps for reinvestment policy and a possible extension of the TLTRO. The ECB will likely signal that risks are tilted to the downside, but only do some tweaks on its growth and inflation forecasts. It is most likely that we get a...

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