ECB Preview: Expect no change to rates, nor to QE, nor to forward guidance - Citi

Analysts at Citi offer a sneak peek into the ECB policy announcement and ECB President Draghi’s press conference due on the cards later today.

Key Points:

Despite likely much higher 2017 HICP they see no change to rates, nor to the size of QE, nor to forward guidance

Perhaps the balance of risks changes to neutral