News

ECB's Lane: Natural that debate over policy measures at ECB taking place

Adding to his earlier comments on the European Central Bank's (ECB) monetary policy decisions, ECB chief economist Philip Lane argued that it was natural for the debate over the policy measures to take place within the Governing Council. 

"Future Governing Councils can revisit this policy decision, but for now the decision is made," Lane added."There was a high degree of consensus about needing to act, the most important message is that the current situation is not satisfactory."

Meanwhile, the EUR/USD pair continues to push lower but it seems to be caused by a broad-based USD strength. As of writing, the pair was down 0.42% on the day at 1.1027.

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.