ECB to review, possibly reconsider monetary policy in March – ECB’s Coeure

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - Speaking at an event in Budapest, ECB Executive Board Member, Benoit Coeure noted that the ECB will review and re-asses monetary policy at its March meeting and added that the ECB policy is having its intended effects.

    Key Quotes:

    If downside risks to the recovery were to materialize, this would not make it easier to respond to the refugee crisis or to counter terrorism

    Price stability foundation for growth

    Monpol having intended consequences

    New economic convergence will need to be complemented by political convergence

    We will see sustainable economic convergence only if accompanied by political convergence

    Investment ingredient of recovery still missing

    ECB to review, possibly reconsider monpol in March
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