ECB's chief economist Lane: It is plausible that impact of rate cuts on the euro has intensified over time

Market news

14 November 2019

ECB's chief economist Lane: It is plausible that impact of rate cuts on the euro has intensified over time

Euro exchange rate is not a target of monetary policy
Loosening policy has had positive trade balance effect
Especially since negative rates were introduced in 2014
QE measures have had large and persistent effects on the euro

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