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ECB’s Cipollone: Inflation goal could also be reached prior to final projections indicated

European Central Bank (ECB) Executive Board member Piero Cipollone said on Monday, “the inflation target may be reached sooner than the last projections indicated.” Additional quotes Key elements strengthen the case for further rate cuts. Current conditions make further policy easing conceivable. Market reaction At the time of writing, the EUR/USD pair is up 0.23%

ECB’s Cipollone: Inflation goal could also be reached prior to final projections indicated

European Central Bank (ECB) Govt Board member Piero Cipollone stated on Monday, “the inflation goal could also be reached prior to the final projections indicated.”

Further quotes

Key parts strengthen the case for additional fee cuts.

Present situations make additional coverage easing conceivable.

Market response

On the time of writing, the EUR/USD pair is up 0.23% on the day, buying and selling close to 1.0840.

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