From the ECB’s Sabine Lautenschlager in Strasbourg, France
– What we are seeing is that financial markets conditions are improving
– Monetary policy is working, we are approaching our goals, albeit by following new paths
Laugenschlager is a hawk so none of these comments are a surprise. But she sounds comfortable and maybe that’s a sign that others are in the same boat. In any case, Draghi was fairly clear that nothing is coming until at least Dec/Jan.
ECB’s Lautenschlager: Monetary policy is working, we are approaching our goal
ByAdam Button
Sep 13, 2016