More ECB details leaking
- ECB said to be leaning to TLTRO rate at premium over benchmark
- Some ECB officials are said to doubt 2019 outlook was lowered enough
- ECB said not to rush for TLTRO details as soon as April
The main headline here for me is that some officials don't think the ECB cuts its growth forecasts enough even though it was slashed to 1.1% from 1.7%. The further tilt suggests it could soon fall below 1.0%.
The premium in the TLTROs could be reduced if banks meet lending targets, the Bloomberg report says.
