• European Central Bank Vice President Vitor Constancio: an interest rate hike in the U.S. will have no direct impact on the Eurozone’s economy

Market news

12 November 2015

European Central Bank Vice President Vitor Constancio: an interest rate hike in the U.S. will have no direct impact on the Eurozone’s economy

The European Central Bank (ECB) Vice President Vitor Constancio said on Wednesday that an interest rate hike in the U.S. will have no direct impact on the Eurozone's economy.

"We think there will not be any significant direct impact, indirectly (it could have an impact) in economic, trade terms by the possible effect on emerging countries," he said.

Constancio pointed out that the central bank made no decision yet what it will do at its December monetary policy meeting.

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
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.