Peter Praet -On maintaining the price Stability with unconventional monitory policy

Speech by Peter Praet, Member of the Executive Board of the ECB, at the Council of the European Union, Brussels, 29 January 2018 ECB's Praet: Once GC

25 bps BOE rate cut by September 2020 -BOE Policymakers hinted
The Day Scheduled With Full Economic Events -GBP/USD
UK CPI rises 1.3% YoY in December vs. +1.5% expected.

Speech by Peter Praet, Member of the Executive Board of the ECB, at the Council of the European Union, Brussels, 29 January 2018


ECB’s Praet: Once GC Judges That The Three Criteria For Sustained Adjustment Have Been Met, Net Asset Purchases Will Expire, In Line With Our Guidance

ECB’s Praet: Transition Towards A Normalization Will Begin Once We Have Established A Sustained Adjustment In The Path Of Inflation

The Concluding Part was ,

  • Monetary policy will evolve in data dependent and Consistent manner, Once the governing Council Judges that the three criteria for sustained adjustment have been met,net asset purchases will expire ,in line with ECB’s guidance .
  • ECB’s ensuring that financial conditions remain consistent with a sustained adjustment of inflation.
After the speech euro seems to some recovery from the levels 1.2400 levels .

Disclaimer: The content in this article comprises personal opinions and ideas and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. BizAsis, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability as to any loss arising from any investment based on the same. 
Risk Warning: There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent financial advice.

COMMENTS

DISQUS: 0