What is the Expectation for tomorrow’s ECB meeting?
This article is originally referred from FXGiants News.
What to expect? ECB policy meeting tomorrow, 27th of April, 2017.
On Tuesday, a Reuters report said that the Bank may communicate a more optimistic bias at its upcoming meetings.
However, we think that it is far too early for that to happen at this gathering.
The recent concerns of the officials with regards to a surge in Eurozone’s bond yields due to the French election, combined with the slowdown in the core CPI for March, suggest that the Bank could stay patient for now and wait at least until June.
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Original Source: FXGiants News