Draghi's 4 QE Scenarios Unveiled As ECB's Reuters "Trial Balloon" Strikes Again

In our concluding comments on the ECB's disjointed message yesterday, in which Draghi feebly tried to talk down the EUR while talking up the European economy, and also hinting at the start of policy normalization but without actually doing so, in the process sending the EUR shooting higher, we said ...

Draghi's 4 QE Scenarios Unveiled As ECB's Reuters "Trial Balloon" Strikes Again