ECB’s Coeure: The recent rise in long-term yields did not influence our monetary policy stance

FXStreet – Benoit Coeure, member of the governing Council, held in the year of the ECB’s Bond Market Contact Group meeting in Frankfurt am Main speech:

• The recent rise in long-term yields did not influence our monetary policy stance
• The current financial environment to support the ongoing recovery
• The identification of the factors which in real time influence on the yield curve is a constant challenge
• We want to interpret in any case of any upward or downward movement, since a certain amount of volatility is, of course, and for the function of the market is healthy
• I am convinced that timely communication will prevent by us, that it comes to an unjustified volatility

** FXStreet News Editorial, FXStreet**

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