Belgian central bank chief Jan Smets, also a member of the ECB’s Governing Council, speaking to CNBC TV this Tuesday, was noted saying that it is too early to say what exact date ECB will raise rates next summer.
Additional quotes:
“¢ Confident of achieving the objective of price stability.
“¢ Global trade war worries are clearly a downside risk.
“¢ Turbulence in EM is something that needs to be monitored.