Jul 4
ECB: enters wait-and-see mode
ECB rate cuts over for now, as monetary stimulus takes time to work through the economy Signs of economic improvement continue but conditions remain weak Details covered bond plan and new ECB staff growth and inflation projections will command attention Trichet to leave all options open; comments on the strength of the euro closely watched At their policy meeting last month, the ECB governing council announced both conventional and unconventional decisions. In line with expectations, the
