He's clearly a dove with such a strong focus on the risk of undershooting the target. ECB speakers have been citing Euro's appreciation much more frequently recently with de Guindos kind of drawing a line in the sand at $1.20.
All else being equal (and it rarely stays like that), if the euro continues to surge and goes beyond 1.20, we could see ECB speakers considering more than one rate cut, especially if inflation falls below target for an extended period of time.
Hence then, the article about more from ecb s rehn euro appreciation helped ecb reach 2 inflation target was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( More from ECB's Rehn: Euro appreciation helped ECB reach 2% inflation target )
Also on site :
- How I Manage My Money: Early retiree, 59, has £120,000 in gold, but lives frugally
- HBO’s Great New Show Follows a Black Superhero. We Finally Get His Origin Story in a New Episode—and It’s a Doozy.
- Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin’s CEO