ECB said to be divided on next monetary policy step. Rate cut, more QE both in play.

  
  Analysis

Reuters citing unnamed sources on the next move from the European Central Bank

Monetary policy makers at the Bank are said to be divided on the next move:
  • rate cut
  • more QE
  • guidance change
All under consideration. Says that a ‘dovish Draghi’ wrongfooted some of the governing council members.
(In his speech Draghi hinted at new stimulus measures that have not yet been discussed by the ECB Governing Council.
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