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ECB: What could be its secret weapon for its March meeting?
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The European Central Bank meets on 10th March with much of the financial industry expecting a review of its policy stance. But Simon Fasdal, Head of Fixed Income at Saxo Bank, reckons the ECB could have a secret weapon at the monetary policy meeting in Frankfurt. Mario Draghi, President of the ECB, has already signalled that more easing could occur as a result of poor growth and inflation prospects. Simon talks through what he regards as the ECB’s problem, possible solutions and Simon’s trade strategy until the March summit.