Draghi raised expectations too much to go back
Here is what SEB had to say about the ECB:
“The ECB has already raised market expectation so much that no further monetary stimulus would come as a big disappointment to markets. A change in the terms and conditions of the asset purchasing program looks to be the most likely action. The monthly purchases could be raised to between €70bn and €80bn. A cut in the deposit rate is back on the agenda and cannot be ruled out.”