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>> EUROPEAN CENTRAL BANK Latest News

NOV 13, 2013 - Investopedia

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Euro under further pressure following ECB exec board member comments

FXstreet.com (London) - The euro continues to come under pressure following comments made by European Central Bank executive board member, Peter Praet. Speaking to the Wall Street Journal, Praet said that: “The European Central Bank could start to buy assets or cut its deposit rate into negative territory if that was needed to get inflation to the central bank's target.”Praet added: "The balance-sheet capacity of the central bank can also be used (to fulfil the inflation mandate).”"This includes outright purchases that any central bank can do."The comments come after the ECB surprised many ... Read More

Tags: Euro under further pressure following ECB exec board member comments,  European Central Bank Latest News