Expected by who? Bank of Spain gov on Rtrs with a bold/misguided view

  • delay has been caused by global growth slowdown
  • slowdown worse than expected

I repeat. Expected by who exactly? The rose-tinted glasses brigade certainly

  • ECB QE programme to continue until inflation target is reached
  • QE is working very well, no reason to change it for the moment

Bank of Spain's Linde looking for that pie in the sky