Reports the there's a consensus on tapering is incorrect, Constancio says
Social media carrying comments form ECB VP Vitor Constancio
Reports the there's a consensus on tapering is incorrect
There are absolutely no foundations to all the rumours about the future path of QE
QE will be ongoing until the inflation is back on a path to target
I'm very confident that inflation will be well over 1.0% by spring
Overall, our baseline scenario is materialising
As expected, EURUSD has dropped on the headlines and down to 1.1147. I've highlighted one comment there that sticks out and that's about inflation being over 1.0% by spring. That's not a direct inference that QE will be extended or halted, i.e what happens if it is well over 1.0%? But it could raise the question.
