2016-03-06 — reuters.com
The European Central Bank is almost certain to ease policy next week as depressed commodity prices raise the risk of deflation, while a string of data from China will offer clues about the extent of the recent emerging market slowdown... A small 10 basis point cut to push its deposit rate deeper into negative territory is a foregone conclusion while some type of adjustment of the bank's 1.5 trillion euro asset purchase program is also near certain.
But each option on the table comes with side effects and limited functionality as monetary policy is deep in unconventional territory, making exotic decisions less likely given the difficulty of aligning the interest of 19 countries and 25 policymakers.
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