ECB Cœuré: Expect key policy rates remain at their present level for extended period of time

ECB Cœuré speaking

ECB's Cœuré speaking on the future of central bank money. Some highlighted headlines:

• governing Council expects our key policy rates to remain at their present levels for an extended period of time and well past the horizon of our net asset purchases
• divergence between our key policy rates and market rates could become more important in the future once policy rates begin to normalize

The ECB already outlined the idea about rates at their last policy decision.