Watch Jean Claude Trichet Give Guidance On Future Rate Moves By The ECB Here

Tyler Durden's picture

The ECB rate decision (unchanged) has come and gone, and now everyone is focusing on the follow up conference at 2:30 CET (in less than 40 minutes), at which Jean Claude is expected to announce whether he will continue at the current rate of tightening with a June rate hike, or, since the global economy is once again contracting, will declare all those who called his rate hike decision idiotic, correct, and proceed to keep liquidity flat, if not loosen once again.