ECB said not to have discusses further deposit rate cuts

Citing sources familiar with talks, Bloomberg reported that the ECB had not discussed further rate hikes in its latest meeting. Earlier in the day, Reuters said that several ECB policymakers had raised doubts over projections for a growth rebound in H2 2019.

Key highlights

• ECB officials are said to lack enthusiasm for sub-zero tiering.
• Tiering debate it said to underline plenty tools till left.
• ECB officials are said to doubt tiering will happen.