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"We're going to raise rates"
*stock market crash*
"We've decided not to raise rates"
I wouldn't be surprised of a let down by the ECB. The STI is high-and the next turn date is next week--maybe into mid December. I trsut the man who predicted the top and bottom dates-weeks in advance.
http://www.sentimenttiming.com/times/
needs subtitles
ECB and BoE raising rates is as likely as RANsquawk eliminating the echo in their audio.
QE won't come, just a bunch of jawboning about it and "whatever it takes" mumblings.