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ECB's Cœuré: Downside CPI risks could warrant more monetary policy steps

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Bali) - ECB executive board member Benoît Cœuré, crossed the wires post NY close, via Bloomberg, noting that the EU economic recovery remains subdued, adding that downside CPI risks could warrant more monetary policy steps.

    Additional headlines

    ECSB (European System of Central Banks) primary objective is to maintain price stability

    ESC measures have restored bank lending channel

    Commodity prices explain much of the CPI deviation from 2%

    ECB wants medium-term CPI expectations close to 2%

    ECB studying persistence of low energy price CPI impact

    Downside CPI risks could warrant more monetary policy steps
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