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.