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Additional set of instruments necessary – ECB’s Nowotny

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The European Central Bank member Nowotny was on the wires stating that the bank is clearly missing its inflation target and thus a new set of instruments are necessary.

    Speaking in Warsaw Nowotny said "In my view it's quite obvious that additional sets of instruments are necessary". Nowotny added that core inflation is also below bank’s target and that new instruments are to include structural measures.
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