ECB’s Holzmann on the wires this morning:
Says he would not have an in-principle objection to reducing charges in JuneBut additionally provides that he needs to see extra supportive dataAlso added that reducing charges out-of-sync with the Fed would diminish the influence of coverage easing by the bankwith EZ productiveness very weak, a 3.0% deposit fee may show too tight over the long-termAlso stated it is doable that inflation may do higher than what the financial institution is presently projecting
All in all nothing too shocking right here from Holzmann.
This text was written by Arno V Venter at www.forexlive.com.
Source link
