ECB to Send a Dovish Tone and Pledge to Take Further Actions if Needed. Rate Cut Appears Less Relevant than QE

<p>We expect ECB to keep its powder dry at this week’s meeting, after launching several stimulus measures last month. The central bank should maintain a dovish tone, indicating disappointing economic data and pledging the take further actions if needed. As EU has so far failed to agree on substantial fiscal actions, we expect ECB will [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/290812-ecb-to-send-a-dovish-tone-and-pledge-to-take-further-actions-if-needed-rate-cut-appears-less-relevant-than-qe/">ECB to Send a Dovish Tone and Pledge to Take Further Actions if Needed. Rate Cut Appears Less Relevant than QE</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>