ECB: Central bank does not target specific spread levels for indebted countries – Martins Kazaks

The European Central Bank (ECB) does not target specific spread levels for indebted countriesthe central bank’s chief policy officer told Reuters on Monday, Martins Kazaks.

Featured Statements

“We try to ensure proper transmission.”

“It’s hard to see the rise in spreads as being driven by changes in fundamentals.”

“Investors should not get carried away by bets on rate hikes”

I would support a rise of 25 basis points in July and 50 basis points in September“.

“Inflation would have to surprise to the downside for the rate hike to not be 50 basis points in September.”

“Investors shouldn’t think that 50bp rate hikes are the new default.”

“Market expectation on the terminal interest rate shot up quite a bit last week.”

“You have to be careful with the speed, not get carried away.”

Source: Fx Street

You may also like

Protesters set fire
World
Flora

Protesters set fire

At least three people were killed and four were injured when they were trapped in a regional council building, which