ECB's Villeroy: Net asset purchases should end in December

The European Central Bank (ECB) Governing Council member and Bank of France Head Francois Villeroy de Galhau is out on the wires, saying that net asset purchases should end in December and first interest rate rise could take place at the earliest through the summer of 2018, depending on the inflation outlook.

Additional quotes:

   •  Regulatory priority is no longer the solvency of banks, but the liquidity of non-banks.
   •  A Brexit agreement protecting prosperity on both sides is highly desirable. 
   •  Latest efforts of the British government seem to be moving in that direction.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

RELATED TOPICS