It all sounds so familiar: yet another low inflation shock in the euro zone increases pressure on the European Central Bank (ECB) to act.
Some economists have been calling on the ECB to pull the trigger at every month since it last cut interest rates in November. But they remain divided as to whether ECB President Mario Draghi will act at this Thursday’s monetary policy meeting – or indeed at any time in the near future.
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Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze
centers on forex and macro-economic trends impacting the Asia Pacific region.