• Spain’s Economy Minister: ECB’s tools to keep government bonds' spreads down are adequate

Market news

22 July 2022

Spain’s Economy Minister: ECB’s tools to keep government bonds' spreads down are adequate

Spanish Economy Minister Nadia María Calviño expresses her take on the European Central Bank’s (ECB) July monetary policy decision.

Key quotes

ECB’s tools to keep government bonds' spreads down are adequate.

Forecasts show inflation remained high in July.

Market reaction

The above comments have little to no impact on the euro. At the time of writing, EURUSD price is trading at 1.0136, losing 0.89% on a daily basis.

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