ECB chief economist still in Twitter Q&A 8 Feb
- if I had to pick one I'd choose the simplest one: core inflation
- we all stand by our steadfast commitment to reach our inflation aim. Current discussions are more on tactics
- helicopter money is a "textbook discussion"
- sequencing is an essential part of our forward guidance that anchors interest rate expectations
- our forward guidance makes our policy more predictable and decreases uncertainty.
- financial stability considerations are an integral part of our policy discussions
Decreases uncertainty? Sure Peter. Not.
Follow the Twitter-based Q&A here.
Meanwhile EURUSD on new session lows at 1.2225 on a USD demand/EURJPY supply double whammy. Decent demand/support down here and into 1.2200.