ECB's Hansson sees a much stronger impact from corporate bond buying

ECB governing council member Ardo Hansson, while making a speech in Tallinn, ridiculed talks of helicopter money, and added that the impact of corporate bond buying is much stronger.

Key Quotes:

Cannot speak of a specific target for corporate bond buying

Sees a much stronger impact from corp bond buying

Talk of helicopter money is a silly discussion

Helicopter talk is policy irrelevant

GBP/USD recovers losses, but stays below 1.46 on UK GDP

The British pound recovers losses and regains bids versus its American counterpart in the European morning, with GBP/USD re-attempting a break above 1.46 handle.
Leia mais Previous

Gold regains poise, set to test $ 1250 ahead of FOMC?

The bullion ran through fresh bids during the European session, now pushing further towards $ 1250 mark as we head closer towards the Fed interest rate decision.
Leia mais Next