Will Draghi Hint There’s More Stimulus on its Way?
The European Central Bank’s meeting today is set to be less exciting than the last. Central bankers will probably need time to assess the effectiveness of the measures announced in March -- and even figure out how to implement some of them. The challenge for President Mario Draghi is to make sure that this phase in the easing cycle doesn’t look like passiveness. He will probably stress again that the ECB is not giving up on its mandate and is ready to ease further if needed. He might also provide some missing details on corporate bonds purchases. Investec Wealth & Investment Divisional Director Charles Newsome discusses markets with Bloomberg’s Hans Nichols in Berlin and “On the Move” host Guy Johnson in London.
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16:41 - Bloomberg's Kathleen Hays reports on the Bank of Japan's policy decision. She speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)