I posted on the weekend Reuters report on the European Central Bank deliberations

Reuters had its sources with:

  • ECB's Governing Council viewed the economic outlook as improved
  • Pending Federal Reserve rate hike factored into the decision ... a big move by the ECB would ... possibly force the Fed to delay its own action
  • and more ... (link to the Reuters piece is here)

MNI has more now, citing its source, with similar themes:

  • Better economic outlook
  • Current ECB efforts having positive impact as it is
  • And the ECB felt a 'certain concern' not to restrain Fed lift off