Reuters reports, citing sources familiar with the situation
The report says that the ECB held an unscheduled meeting call late yesterday to assess the impact of the coronavirus outbreak on the region and global economy.
The meeting was said to be held after the Fed's rate cut decision and the governing council discussed operational issues and that a monetary policy response was not on the agenda.
Yeah, that final line is the more important thing. The ECB is basically waiting on lawmakers to get off their butts to do something but it doesn't look like it is working.
