Finnish CB head and ECB governing council member Liikanen on radio 30 Oct
- bon buys are not indefinite
- QE will be reduced gradually over time
- wage pressures will pick up as growth strengthens
- ECB must be very careful on inflation
Important message ? Yep, buy rumour/sell fact but was it anything we didn't know really?
Anyhow euro finding some support again this morning albeit not exactly racing back higher.