ECB’s Coeure: ECB’s key interest rates to remain at present levels for an extended period of time

Dhwani Mehta FXStreet

The European Central Bank (ECB) board member Benoit Coeure was on the wires last minutes, via Reuters, making a scheduled speech titled "What yield curves are telling us".

Key Headlines:

“We expect the ECB’s key interest rates to remain at their present levels for an extended period of time, and well past the horizon of our net asset.

We currently see no reason to believe that the distribution of future inflation risks has moved permanently lower.

Currently, see no concrete evidence of market uncertainty about the sustainability of the current economic expansion.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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