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1 Feb 2016
ECB to review, possibly reconsider monetary policy in March – ECB’s Coeure
FXStreet (Mumbai) - Speaking at an event in Budapest, ECB Executive Board Member, Benoit Coeure noted that the ECB will review and re-asses monetary policy at its March meeting and added that the ECB policy is having its intended effects.
Key Quotes:
If downside risks to the recovery were to materialize, this would not make it easier to respond to the refugee crisis or to counter terrorism
Price stability foundation for growth
Monpol having intended consequences
New economic convergence will need to be complemented by political convergence
We will see sustainable economic convergence only if accompanied by political convergence
Investment ingredient of recovery still missing
ECB to review, possibly reconsider monpol in March
Key Quotes:
If downside risks to the recovery were to materialize, this would not make it easier to respond to the refugee crisis or to counter terrorism
Price stability foundation for growth
Monpol having intended consequences
New economic convergence will need to be complemented by political convergence
We will see sustainable economic convergence only if accompanied by political convergence
Investment ingredient of recovery still missing
ECB to review, possibly reconsider monpol in March