European Central Bank policymaker Ewald Nowotny in an interview on Sunday with Austrian broadcaster ORF
- We in the ECB are certainly concerned about attempts by the United States to politically influence the exchange rate
- That was a theme of economic discussions in Davos, where the ECB addressed this, and it will certainly be a theme at the upcoming G20 summit
More, this time on the rate path outlook:
EZ inflation still has room to move higher
- the ECB is still on the careful side
- But that certainly won't last forever. In the foreseeable future there will be a need for the ECB to raise interest rates
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The next G20 summit will be held March in Argentina
EUR/USD not doing too much at all this early Monday