ECB Stalls on Promise of Euro Stimulus

The video discusses the ECB's decision to reassess growth forecasts due to low oil prices and market expectations. It highlights the influence of German members on the ECB's monetary policy, particularly regarding QE. The video also covers market reactions to ECB announcements, including currency impacts on the euro and yen.

What does the term 'cry wolf' refer to in the context of the text?

What are the reasons given for the lowered growth forecasts mentioned in the text?

What is the significance of the Governing Council's reassessment of monetary stimulus mentioned in the text?

How does the text describe the impact of the German voice in the ECB's decision-making process?

What was the market's reaction to Draghi's statements regarding monetary policy?