ECB’s Visco: Monetary policy will have to remain prudent

Market news

8 March 2023

ECB’s Visco: Monetary policy will have to remain prudent

European Central Bank (ECB) Governing Council member Ignazio Visco said in a statement on Wednesday, “monetary policy will have to remain prudent.”

“Monetary policy should be guided by data as it becomes available,” Visco added.

Market reaction

EUR/USD is in a downside consolidation mode below 1.0550 so far this Wednesday. The spot is down 0.05% on the day.

Currencies. Daily history for Wednesday, March 8, 2023

Commodities. Daily history for Tuesday, March 7, 2023

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