ECB's Lane: PEPP volume isn't an indicator of our monetary policy stance

Comments from the ECB chief economist in a webinar

Comments from the ECB chief economist in a webinar
  • Yield curve remains pretty low
  • Happy that policy of accommodation is helping to build core inflation
  • Forward guidance may also imply a transitory period in which inflation is moderately above target

There's no much for euro traders to chew on so far. I'll continue to monitor.

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