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Mar 13, 2014
ECB's Cœuré: If borrowing costs remain high, the central bank will step in
ECB Governing Council member Benoît Cœuré, who gave a speech today at The Economist’s Future of Banking Summit in Paris, said that the central bank's forward guidance implies that along with a rise in inflation real interest rates for borrowers should decline.
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Mar 13, 2014
ECB's Weidmann: Eurozone sovereing debt crisis fading
President of the Deutsche Bundesbank and ECB Governing Council member Jens Weidmann said on Thursday that the ECB's accomodative monetary policy in the Eurozone was appropriate, but that low interest rates “shouldn't be a permanent condition.”
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