“Our inflation objective, being symmetric and medium-term, -– if credibly, I stress credibly, symmetric and medium-term –- would probably achieve similar outcomes ex-post to flexible average inflation targeting,” argued European Central Bank (ECB) Governing Council member François Villeroy de Galhau on Wednesday, as reported by Reuters. Tracking a broader set of variables, assets of financial institutions and nominal GDP, could help the ECB reconcile its secondary objectives with the primary mandate, Villeroy further added. Market reaction The EUR/USD pair largely ignored these comments and was last seen losing 0.22% on the day at 1.1716. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed’s Barkin: Forward guidance will be powerful as economy comes back FX Street 2 years "Our inflation objective, being symmetric and medium-term, -– if credibly, I stress credibly, symmetric and medium-term –- would probably achieve similar outcomes ex-post to flexible average inflation targeting," argued European Central Bank (ECB) Governing Council member François Villeroy de Galhau on Wednesday, as reported by Reuters. Tracking a broader set of variables, assets of financial institutions and nominal GDP, could help the ECB reconcile its secondary objectives with the primary mandate, Villeroy further added. Market reaction The EUR/USD pair largely ignored these comments and was last seen losing 0.22% on the day at 1.1716. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
