Not sure about the well-functioning bit but it does appear that Uncle Ewald is steering us down a less aggressive ECB path tomorrow
What dya say ?
- won’t comment on tomorrow’s meeting
- policy makers should not focus on one but longer term
- covered bond purchases working according to expectations but volume in market limited
- always good when central banks work together
Barbed comment aimed at Jordan ?
Nowotny speaking at Euromoney conf. Now finished his slot at the rostrum
EURUSD 1.1570 after the dip into 1.1550
Nowotny – cooling our ECB expectations?
