ECB's Kazimir: Not at a point where more policy tools need to be used

Eren Sengezer FXStreet

European Central Bank Governing Council member and Slovak central bank chief Peter Kazimir recently crossed the wires arguing that the bank is not at a point where more policy tools need to be used and added that they will await hard data on the economy before making a decision.

Key quotes (via Reuters)

ECB is confident it has tools to achieve its target and latest decisions prove its willingness to act.
Does not see a recession or deflation ahead but ECB far from its inflation target.
FXx rate plays a role in policy and ECB considers it in its decisions.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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