Preview of the European Central Bank meeting, the announcement is due at 1145GMT on 15 April 2015 , with press conference following at 1230GMT.
Its just a quickie via BoA/Merrill Lynch:
Europe: Too early to even start thinking about tapering
- The next ECB meeting should be one of the easiest for the Governing Council in many months
- QE has been announced and pre-committed until September 2016
- The growth outlook is getting brighter, including an improvement in the credit cycle, while inflation surprised to the upside for the first time in many months
- The very strong performance of the QE program in its first month also appears to have dealt with concerns regarding the ECB's ability to deliver on the program size.