Villeroy comments on 16 january 2018
- Policy is not driven by market expectations
- Confident that ECB will manage a smooth exit
- Still needs accommodative monetary policy for now
- Eurozone Has Not Reached Inflation Target Yet, And Not In A Self-Sustaining Way
EURO ticks down again to 1.2205 on the currency’s move comments and caution on inflation. Draghi sending out some of his doves pre ECB next week ?
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