ECB minutes should be fairly straightforward affair - TDS

Research Team at TDS, suggests that April’s ECB meeting was about implementation, not new policy. Today’s ECB minutes should therefore be a fairly straightforward affair.

Key Quotes

“Acknowledging some pick-up in inflationary pressures since the March projections coming from higher oil prices, but really stressing that the implementation phase is only just beginning, and thus the ECB is likely to be more technocratic than reactionary in the coming months.”