- Recent economic data disappoint, a worryingly gloomy outlook at the start of 2Q13 is spreading.- Dovish comments from ECB´s Governing Council members hint to a rate cut.

At today’s meeting, the ECB left interest rates unchanged at 0.75%, as widely expected, and also signalled that other measures would be implemented if the situation worsens.

As expected, the ECB Governing Council (GC) left the key policy rate unchanged at 0.75%.

As expected, at today´s monetary policy meeting the ECB kept rates unchanged at 0.75% and took no additional steps on non-standard liquidity measures.

Rates unchanged. The decision was unanimous. Mr. Draghi emphasized the stabilization of several conjunctural indicators and the significant improvement of financial market confidence

Priority for the ECB still to repair the transmission mechanism channels

A ''fully effective backstop'' is in place, the decision is up to governments

The ECB delivers; the ball is now in the court of governments

The ECB is likely to resume bond purchases but countries have to ask the EFSF/ESM bailout fund for support and the fund needs to intervene in markets first

As expected, the ECB decided to cut the main policy rate by 0.25% to 0.75%, to historic low at today’s monetary policy meeting.