ECB's Constancio says does not rule out that monetary policy will continue to be 'very accommodating' for a long time

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17 January 2018

ECB's Constancio says does not rule out that monetary policy will continue to be 'very accommodating' for a long time

Would keep ESM as it is, no reasons to modify institutional situation and create a new entity, reducing role of commission
Not heard convincing arguments in favour of transforming ESM into so-called european monetary fund

Eurostoxx 50 futures down 0.33 pct, CAC 40 futures down 0.42 pct, DAX futures down 0.32 pct, german bund futures open 1 ticks higher at 160.78, FTSE futures down 0.22 pct

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