Rome May Be Burning, But Draghi Is No Longer Your Fireman: What To Expect From The ECB

Rome May Be Burning, But Draghi Is No Longer Your Fireman: What To Expect From The ECB

Like Jerome Powell, Mario Draghi is sorry - not sorry. Or actually that's not fair. He's probably a bit more sympathetic to the possible consequences of his actions than Powell. But not enough to discourage his colleagues from tipping that the discussion of winding down QE is still very much in play despite the fact that Rome is burning. Comments out of ECB officials last week suggest the Governing Council is not inclined to view the Q1 deceleration in Eurozone economic activity as reason to p
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