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ECB’s Coeure - Determined to bring HICP to target, no shortage of tools

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    European Central Bank (ECB) Coeure was on the wires stating the bank is determined to meet its HICP inflation target and faces no shortage of policy tools.

    Key quotes

    March ECB action very substantial, priority to credit

    Time to initiate a new economic convergence process and this requires a concerted effort in terms of economic and fiscal policies

    ECB cannot single-handedly create the conditions for a sustainable recovery in growth
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