ECB Not Announcing End of QE an 'Impossibility,' BofA's Preusser Says

The transcript discusses the state of European reforms, highlighting that while some reforms have been implemented, others remain pending. The focus shifts to the implications of these reforms on the European Parliament elections in 2019 and the potential impact on Macron's political capital. Concerns are raised about the incomplete institutional agenda in Europe and the risks posed to financial markets. The transcript also addresses the European Central Bank's (ECB) monetary policy, emphasizing the challenges in halting the normalization process due to political constraints and the nearing 33% limit in several countries.

What are the concerns regarding the European Parliament elections in spring 2019?

What does the text suggest about the political capital of macaws?

How does the text describe the current state of France and Germany in terms of institutional reform?

What challenges does the text mention regarding fiscal and monetary policy in Europe?

What is the significance of the ECB's potential announcement regarding the end of QE?