• Draghi says large FX movements bound to have pass-through

Notícias do Mercado

25 janeiro 2018

Draghi says large FX movements bound to have pass-through

  • Don't target fx rates

  • Issue is whether fx movements have impact on inflation path

  • Too early to assess whether pass-through has taken place

  • Cause of forex, rate change is heightened mkt sensitivity to perceived changes in ECB comms

Before the bell: S&P futures +0.29%, NASDAQ futures +0.65%
Euro extends gains, up more than 1 pct on day
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