Further to Ryan post on here’s the latest note from BOAML economist Gilles Moec
Goldman’s ECB view
– forecast pushed out from Oct prev
– while recent data is consistent with additional easing as soon as this month, it may take a while longer to get consensus on the Governing Council
My jury’s still out on this one. Plenty of recent rhetoric from the ECB leaves the door very much open for extended QE and we might see a lite version next week but more likely to continue the talk at this stage