Watch For Additional ECB Stimulus In March

With bank stocks sagging, particularly in Europe, could a pinch of additional quantitative fairy dust and even more negative interest rates make the economic formula even better?  That’s what a Capital Economics report predicts will happen this March, as the postulates set out European Central Bank (ECB) President Mario Draghi for implementing further stimulus in the region appear to have been met. ECB said to “reconsider” its monetary policy at March meeting In January the ECB’s Governing Council decided to “reconsider” its stance on monetary policy in March, the publication last week of meeting minutes reveal. Combine this with comments…