ECB needs a sustained recovery before winding down crisis measures, Finnish central bank chief says CNBC 2 hrs ago Sam Meredith We have both upside and downside risks, depending on the speed of the vaccine rollout and the extent of virus mutations, Finnish central bank governor Olli Rehn told CNBC s Street Signs Europe. In this context, the best approach in monetary policy is simply to keep calm and stay the course, he added.
His comments come shortly after Dutch central bank chief Klaas Knot had reportedly suggested an expected rebound for the euro zone economy in the second half of the year could allow the ECB to begin phasing out its emergency bond purchases in the third quarter.
ECB Needs a Sustained Recovery Before Winding Down Crisis Measures, Finnish Central Bank Chief Says
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ECB Accelerates Its Asset Purchases Gold Needs Fed to Follow Suit :: The Market Oracle ::
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Euro Forecast: EUR/USD Resilient Despite Vaccine Setback, Dovish ECB 2021-03-16 07:30:00 Daniel Moss, Analyst
Euro, EUR/USD, European Central Bank, AstraZeneca Vaccine, Vaccination Rates – Talking Point:
Equity markets gained during APAC trade, following Wall Street’s lead overnight.
The Euro has remained resilient in the face of a cumbersome vaccine rollout and dovish ECB.
EUR/USD rates may extend rebound as price remains perched above the 200-MA. Advertisement
Asia-Pacific Recap
Equity markets broadly gained during the Asia-Pacific trading session, following Wall Street’s lead overnight as attention remains fixated on the upcoming FOMC monetary policy meeting. Australia’s ASX 200 climbed 0.8% on the back of the Reserve Bank of Australia’s March meeting minutes, with the central bank reiterating its accommodative stance. Japan’s Nikkei 225 climbed 0.52%, Hong Kong’s Hang