Having served up a large bowl of nothing with the official statement, the job of jawboning ‘hope’ for future monetary policy idiocy falls once again on Mario Draghi’s shoulders as he takes the stage in what may well be a highly contentious press conference. Will he admit the mutiny? Will he ‘fess up that OMT is a mirage? Will he remove his spectacles and angrily point at a reporter?
DRAGHI SAYS ECB WILL SOON START BUYING ABS
Press Conference begins at 830ET
The big ECB shocker this month: ECB admits that Eurozone inflation expectations have become unanchored | g+economics http://ift.tt/1y8Fht6
— Lena Komileva (@komileva) October 3, 2014
via Zero Hedge http://ift.tt/10s2cnW Tyler Durden