Pomeroy: ECB to Extend QE Because They Have to

The transcript discusses economic conditions in Vienna and OPEC, focusing on Mario Draghi's role in the ECB and its policies. It analyzes Eurozone inflation and the potential extension of the QE program, highlighting the challenges of tapering monetary policy. The discussion also covers the market impact of potential policy changes and the need for future policy considerations.

What are the implications of Mario Draghi's policies on the eurozone's inflation targets?

How does the current economic data influence the ECB's decision on monetary policy?

What challenges does the ECB face in normalizing monetary policy?

What factors contribute to the ECB's decision to keep monetary policy loose?

Discuss the potential market reactions to discussions about tapering by the ECB.