ECB’s Coeure at an event organized by the Association d’economie financiere in Paris:
– ECB stimulus is working, clearly
– Will continue to monitor closely inflation
EUR/USD has ticked to the lows of US trading but there isn’t much here to take away. The ECB is largely united on the transitory oil/inflation story and that’s not a surprise.
ECB’s Coeure: We don’t react to s/t fluctuations, especially those caused by energy
ByAdam Button
Feb 2, 2017