ECB's Holzmann: Forward guidance requires credible inflation projections
|European Central Bank (ECB) policymaker Robert Holzmann told Reuters on Friday that the ECB's forward guidance requires credible inflation projections for market participants.
"It is important to drive on sight in the course of next year, in particular given the high uncertainty about inflation developments in 2022 and beyond," he added.
Market reaction
These comments don't seem to be having a noticeable impact on the shared currency's performance against its major rivals. As of writing, the EUR/USD pair was down 0.22% on a daily basis at 1.1653.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.