- economy has lost momentum but no deflation is present
- ECB ready to take other nonconventional measures blah blah
- France needs further steps on deficit
- Germany has some margin to relax budget policy
More of the same from PP on the wires from an interview in L’Echo
EURUSD nudging higher at 1.2705 in a general USD-neg move but yen pairs finding a few buyers
Peter Praet- Deflation? What deflation?
