CIBC Sees ECB Starting to Change Language at March Meeting

The transcript discusses the European Central Bank's (ECB) language changes and their impact on market volatility. It speculates on the ECB's future actions, including interest rate changes and quantitative easing (QE) tapering. The discussion also covers euro volatility, comparing it to other currencies, and forecasts the euro's appreciation. Political factors, such as the Italian vote and German uncertainties, are considered in the context of currency volatility.

What does the speaker suggest about the relationship between ECB forecasts and market reactions?

What is the speaker's view on the ECB's approach to interest rates and bond buying?