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ECB’s Mersch says OMT part of toolkit and will be used if necessary

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    ECB's Mersch said on Tuesday that outright monetary transactions (OMT) is a part of ECB toolkit and is to be utilized if necessary.

    Earlier on the day, ECB's Weidmann said that QE is not needed at the present time and added that it is less likely that outright monetary transactions would be used if QE is in progress.
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