Feedback by ECB policymaker, Vitas Vasiliauskas
- ECB is in a wait-and-see part
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Yep, extra of the identical as we noticed from Lagarde yesterday and nearly all different policymakers from the central financial institution since (apart from Lane).
The ECB is just about content material to let the euro run larger however it’s a must to surprise how prudent such a stance could also be contemplating the file low core inflation in August and that worth pressures are to maintain decrease for longer over the subsequent 12 months not less than.
EUR/USD is now extending to contemporary session highs of 1.1867 on a break above its 200-hour transferring common, with the greenback additionally a little bit softer on the session.