Anything but a rate hike at the next meeting (on March 2) would be a surprise. |
Investors will once again take this risk into account. The only thing we know about the current account deficit is that it can't go on forever. |
It is possible that interest rates go up to over 3 percent. |
Liquidity is still excessive and remains a warning sign for the ECB, but the slowing of the growth rate gives the bank more time. A rate increase is more likely in March than February. |
The country cannot go around selling all its assets. |