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Just a reminder of what we will won't find......>

ECB
ECB: Just a reminder of what we will won't find out about at 12:45GMT
We will know:
1) Any change to interest rates
2) Any new liquidity measure, including new TLTROs
We won't know:
- Updates to staff projections (until press conference)
What we may/may not find out:
- Any change to the tiering multiplier. Previously this was announced in the
technical details after the press conference but we can't rule out that any
change is announced with a deposit rate change.

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