Austrian CB head and ECB governing council's Notowny across the wires 1 Sept
" As long as we have low inflation I do not see a perspective for higher interest rates
Not exactly anything new or unobvious here. The ECB has, after all, pledged to keep its current key rate at -0.4% until well past the conclusion of asset purchases.
EURUSD agrees and remains at 1.1884 with EURGBP still trawling around 0.9200. EURJPY 130;.93
Nowotny - No need for rate hikes is inflation stays low