European Central Bank (ECB) Executive Board Member Yves Mersch: the central bank could adjust its quantitative easing programme

Market news

7 April 2015

European Central Bank (ECB) Executive Board Member Yves Mersch: the central bank could adjust its quantitative easing programme

The European Central Bank (ECB) Executive Board Member Yves Mersch said in an interview on Tuesday that the central bank could adjust its quantitative easing programme if inflation target will be achieved faster than expected.

He noted that the exchange rate should not be used to lift Eurozone's competitiveness because it would breach European Union law.

European Central Bank purchased almost 61 billion euros of government bonds in the first month of its quantitative easing programme

Federal Reserve Bank of Atlanta President Dennis Lockhart prefers the Fed will start to raise its interest rate in July or September

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.