Reuters poll shows ECB likely to cut deposit rates in March

FXStreet (Mumbai) - The latest poll conducted by Reuters showed 59 or 68 economists surveyed expected the European central Bank (ECB) to cut deposit rates in March.

Key Points

Median 80% probability that ECB will ease policy in next 6 months

50 % probability ECB will increase its monthly asset purchases

31 of 59 economists agree with Draghi that the ECB has plenty of instruments at its disposal