ECB’s de Cos: Market expectations of a 3.25% rate peak cannot be validated
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European Central Bank’s (ECB) policymaker and Spanish central bank head Pablo Hernandez de Cos said on Tuesday, “market expectations of a 3.25% rate peak cannot be validated.”
“The ECB is ready to react to maintain price stability, financial stability and the Eurozone’s finance.”
“We have many tools to ensure liquidity to the finance system.”
EUR/USD is challenging bullish commitments at the 1.0700 level so far this Tuesday. The spot is down 0.11% on the day.
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