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.