Central Banks

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Comments by ECB governing council member, Francois Villeroy de Galhau Brexit remains bad news but banking supervisors are ready for no-deal Brexit ForexLive He’s speaking in London about banking and the financial system mostly, so I wouldn’t expect much else in terms of monetary policy and the economy. As for the headline comment, it’s kind
ECB chief economist, Philip Lane, speaks in London ECB mandate for price stability is unconditional Incoming information signals more extended slowdown in Eurozone growth dynamics This slowdown is mainly due to external developments Forward guidance is a very powerful instrument, remains our principal tool The case for monetary policy response was clear ECB can do
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Draghi answers questions for reporters Persistence of downside risks was a factor in the decision Probability of a hard Brexit has gone up lately Baseline doesn’t include trade tensions escalation There is no more calendar dependence, this should offer a clear guidepost There was a unanimous consensus, mainly that fiscal policy should become the main