ECB’s Constancio: Monetary policy will have to remain very accommodative

Dhwani Mehta FXStreet

ECB Vice-President Constancio is reportedly making a scheduled speech on ‘Economic Recovery and the New Phase of Monetary Policy’ in Frankfurt, with the key headlines via Reuters found below.

We are not yet fulfilling our mandate and that is why mon pol will have to remain very accommodative.

EZ economic recovery broad-based, robust, resilient.

Financial stability risks seem contained.

Business confidence at decade highs.

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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