ECB’s Weidmann: Might miss Eurozone 2021 growth forecasts if virus restrictions are extended

Remarks by ECB policymaker, Jens Weidmann

  • US stimulus cannot be a model for Europe
  • Measures of financing costs for households, businesses may not yet fully reflect changes in bond yields

A bit more of a dovish (but realistic) take by Weidmann there but generally, there seems to be a broad consensus within the ECB that they don’t want bond yields to respond by rising too quickly – at least for the time being.Invest in yourself. See our forex education hub. Source

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