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ECB’s Coeure – QE is working

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The European Central Bank (ECB) member Benoit Coeure, while speaking at Davos, assured markets that the bank’s EUR 60 billion per month program is working.

    Earlier today, ECB’s Nowotny said the Eurozone inflation could turn negative in H1 2016 due to the slide in oil prices, but refrained from discussing possible actions in March.

    Nowotny Key Quotes

    Going back towards 2% inflation target is vital for the stability of the Eurozone

    ECB stands ready to reconsider policy stance

    ECB is committed to its mandate

    ECB communicated clearly yesterday
    For more information, read our latest forex news.

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