After the recent remarks by Mario Draghi has fueled the market's anticipations on further action, it should become easier to get a consensus that the central bank will give at least something to the market.
Currently, any sufficient support is not seen in the Governing Council, particularly the hawks, but the moderate council members might support the drastic changes in the current ECB policy.
"We therefore believe that the ECB will opt for a combination of a deposit rate cut and an expansion of quantitative easing, cutting the deposit rate by 15bps and scaling up the pace of asset purchases by EUR 30bn per month, ...", says Rabo bank in a research note.


Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks




