- ECB’s Vasle: We need to keep tightening policy at our next meeting
Market news
28 June 2023
ECB’s Vasle: We need to keep tightening policy at our next meeting
European Central Bank (ECB) policymaker, Boštjan Vasle, said on Wednesday, “we need to keep tightening policy at our next meeting.”
Additional quotes
“Inflation remains persistent.”
“Beyond that, we will remain data dependent.”
“But the burden of proof will be on invalidating a rate hike, rather than validating one.”
Market reaction
At the time of writing, EUR/USD is keeping its range play intact at around 1.0950, almost unchanged on the day.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page