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ECB has more space on deposit rate – ECB’s Hansson

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The European Central Bank (ECB) member Hansson indirectly hinted at a possibility of a deposit rate cut today by stating that the bank has a bit more space on a deposit rate cut.

    But, the policymaker did state that there is no need for more easing right now.

    Key Quotes

    ECB has a bit more space on deposit rate than they thought a year ago

    Deposit rate cut would undermine the concept of forward guidance
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