Rising euro stokes ECB worries over falling prices

 

Strengthening EUR is said to stoke concern among top ECB officials who warn if it keeps appreciating it will pressure exports, lower prices and increase pressure for further stimulus, according to FT. ECB’s Lane recently said that there has been a repricing of the EUR in recent weeks, adding that the ECB does not target the FX rate but the EUR/USD rate does matter

 



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