FXStreet (Delhi) – Research Team at TDS, suggests that the ECB’s January meeting is likely to revolve around how the Governing Council wants to characterize the dramatic miss over their near-term inflation trackings from just six weeks ago. Key Quotes “While the hit to the 2016 profile looks dramatic, the lesson from December’s meeting is that it is still too soon to make too much of it. The more the ECB looks at these as driven by more supply coming on the market—which is likely the principal factor–the more staff will see this as adding positively to growth. There is clearly disappointing growth in the US and fears from China which suggest there is a demand element, but Draghi is likely to reiterate several times at this week’s press conference that the ECB will focus on implementing what it has announced while looking to a spring review of technical implementation issues as to whether it can make these measures any more effective. This is also where Draghi is likely to turn the tables and make more overt calls on governments to do their fair share.” For more information, read our latest forex news.