ECB's governing council member Mersch: ECB does not target the exchange rate - Bloomberg

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23 September 2020

ECB's governing council member Mersch: ECB does not target the exchange rate - Bloomberg

It is obvious that exchange rate has had effects on inflation
ECB will monitor very closely the effects of exchange rate developments, but this is by no way a change in strategy
PEPP has been extremely efficient, but it is an emergency instrument
It must be temporary, such flexibility cannot be applied to QE

Germany: consumer confidence seen to improve marginally in October - GfK

BoJ's governor Kuroda: We are ready to take additional easing steps without hesitation if needed

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