While the euro-zone activity data has continued to show some improvement, the combination of very low inflation, the strong euro and falling liquidity in the banking sector has maintained pressure on the ECB to provide further policy support. While not certain, we think that some form of action – probably in the form of a further cut in interest rates – is a distinct possibility at the Governing Council meeting on 6th March.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services