When the European Central Bank meets again next week, some will get a first idea of how their family Christmas dinner might look the week after: stimulating – at times controversial – conversations without any escalating disputes. Like gifts under the Christmas tree, the latest round of ECB projections will be awaited with high expectations by all ECB members. Some will be happier than others; some might even ignore them. Developments since last meeting call for keeping rates on hold Let’s leave the Christmas parallels aside for a moment. Since the ECB’s October meeting, the incoming data has done very little to ... (full story)