• There’s value holding rates at current level.
• ECB easing still working its way through the economy.
• The era of straightforward decisions to hike or cut is over.
• Steady hand ECB policy is appropriate at current time.
• The euro is still near historical averages, but monitoring.
• There’s untapped potential in the economy.

The ECB yesterday held rates steady as widely expected and just reaffirmed their neutral stance as they keep monitoring the data and trade developments with the US.

This article was written by Giuseppe Dellamotta at investinglive.com.