The European Central Bank has a field to provide price reduction forecasts – BBH

Euro/dollars Less than 1.0500 is combined. During the weekend, Fabio Panetta, a member of the European Central Bank’s board of directors, argued over the wrong monetary policy, the FX reporter in BBH.

The European Central Bank position can withdraw euro/USD

“Panetta said that monetary policy is still exercising the declining pressure on economic activity and inflation, which is a less and less necessary effect with semi -targeted inflation and constantly weak domestic demand. Customed reduction in monetary policy can lead to an excessive rate of inflation in the medium term.” .

“The markets mean 75 -bit per second of discounts in the European Central Bank in the next 12 months, which will witness the policy rate at 2.00 %. On the contrary. feedingThe European Central Bank has an area to provide price reduction expectations that can decrease the URO/USD. European Central Bank Council member Joachim Nagil speaks today (11:00 in the morning). Unlike Panetta, Najil warned against diligently. “