More from Liikanen: ECB’s bond-buying program is ‘open-ended’

Further comments by ECB member Erkki Liikanen

  • Urges caution against tightening policy too soon
  • Patient, persistent, prudent ECB policy needed
  • Exit should show ECB’s asymmetrical approach to its inflation goal

It’s been a while since we’ve had a dovish take on the ECB’s policies – especially from one of its own. Not sure how well this will go down with the rest of the council though.

EUR/USD now down to 1.2447 as the dollar holds its ground. EUR/GBP at 0.8782 near the highs still. EUR/CHF at 1.1766 stuck in a small range for the day.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.