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Euro, bond yields fall on report ECB officials worried about currency
“The stronger euro weighs on growth and inflation, although not immediately, and this complicates the ECB’s exit strategy,” said Commerzbank strategist Rainer Guntermann.
The currency’s strength, which weighs on the price of imported goods and dampens inflation, has added to a view that the ECB will be cautious about taking back its monetary stimulus.
la Germania vuole la fine del QE conseguentemente non può acconsentire ad un Euro forte
“The stronger euro weighs on growth and inflation, although not immediately, and this complicates the ECB’s exit strategy,” said Commerzbank strategist Rainer Guntermann.
The currency’s strength, which weighs on the price of imported goods and dampens inflation, has added to a view that the ECB will be cautious about taking back its monetary stimulus.
la Germania vuole la fine del QE conseguentemente non può acconsentire ad un Euro forte