ECB's chief economist Praet out on the wires with speech text 16 Nov
Yes folks, chief economist and he still comes out with blindingly obvious comments like this.
- ECB must remain patient and persistent on policy
- QE recalibration shows growing confidence on inflation
Really ? Wow, good luck with that one.
Full speech here
Euro in retreat again. EURUSD on new session lows at 1.1764 as is EURGBP at 0.8916
Praet - Pointing to higher inflation or just sticking a wet finger in the air?
