ECB's Stournaras: Markets show increase in inflation expectations

Eren Sengezer FXStreet

European Central Bank (ECB) policymaker Yannis Stournaras noted on Thursday that markets show an increase in inflation expectations but added that inflation worries in Europe are not the same as in the US, as reported by Reuters.

"Both fiscal and monetary policy in Europe is in the right mix," Stournaras said.

Market reaction

These comments don't seem to be having a significant impact on the shared currency's performance against its rivals. As of writing, the EUR/USD pair was posting small daily gains at 1.2075.

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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