ECB’s Holzmann doesn't think that current ECB policy will be in place for decades

Dhwani Mehta FXStreet

Reuters reports the recent comments from the European Central Bank (ECB) new Governing Council member Robert Holzmann, with the key headlines found below.

A major pushback took place at yesterday's meeting.

Arguments he presented did not prevail.

Doesn't think that current ECB policy will be in place for decades.

The recovering momentum around the EUR/USD pair remains unstoppable, as the rates move closer towards the 1.11 handle amid fresh US dollar weakness and ECB’s fiscal stimulus talks.

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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