OctaFX | OctaFX Forex Broker
Open trading account
Back

Incoming ECB member Wunsch: ECB can delay rate hikes if economy slows more than expected

The ECB can delay rate hikes if growth slows more than expected, says the incoming policymaker Pierre Wunsch, who will replace Jan Smets as Belgian central bank Governor in Jan. 2019 and also sit on the ECB's governing council.

Key quotes:

   •  The decision will be driven by economic data.
   •  ECB has stopped QE and the message is relatively clear.
   •  If growth still slows, will keep low-interest rates for a longer period.
   •  It will be dependent on what we see in the economy.
   •  Too early to talk about TLTROs.

US Dollar retreats farther from Friday’s 1-1/2 year tops, weaker below 97.00 mark

   •  Fed rate hike uncertainty kept the USD bulls on the defensive at the start of a new trading week.    •  Global growth concerns underpin safe-ha
Read more Previous

US: Focus on manufacturing and housing data – TDS

Analysts at TD Securities suggest that in the US session, the Empire Manufacturing Index will give an early look at business conditions in the New Yor
Read more Next
Start livechat