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ECB meeting likely to be 'muted' given lack of new projections - report

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    No shifts without no new projections A report citing a participant says "there will not be any serious policy debate" at Thursday's meeting. I find it strange that the ECB relies so heavily on economic projections to make decisions. An army of bureaucrats crunching numbers is a poor excuse for monetary policy when it's clear that a commodity collapse is going to drag down inflation.

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