Sem credibilidade

A credibilidade do Banco Central Europeu está a ser afectada. O economista Michael Michaelides avisa sobre o risco da política assumida por Draghi. Para já, os mercados mostraram-se decepcionados. "The ECB's credibility to reach CPI target at risk after today. ECB has missed CPI target by more than 1% for 25 mos. in a row and nothing Draghi has done today convinces investors that the central bank is getting ahead of the curve, RBS strategist Michael Michaelides says in a Bloomberg interview.  ECB is showing its clear deflationary bias. Consequences from today’s major disappointment may lead to a tightening in euro-area financial conditions. Market may reassess ECB’s willingness to do more soon compared with previous expectations". Mas não se preocupem porque o Costa com o Centeno a tiracolo vai resolver tudo.