The European Central Bank’s monetary policy accommodation is still warranted given the weak growth and low inflation, ECB Governing Council member and Bundesbank President, Jens Weidmann, told a financial conference in Frankfurt on Friday. “Monetary policy cannot be complacent if its policy stance raises long-term risks to price stability through the build-up of financial imbalances,” Weidmann added, per Reuters. “We should not be over-confident about the role macroprudential policy can play in addressing systemic risks. This policy approach is still in its infancy.” The EUR/USD pair’s reaction to these remarks was muted and the pair was last seen trading at 1.1058, where it was virtually unchanged on a daily basis. 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 Gold Technical Analysis: Remains vulnerable to retest monthly lows, around $1445 area FX Street 3 years The European Central Bank's monetary policy accommodation is still warranted given the weak growth and low inflation, ECB Governing Council member and Bundesbank President, Jens Weidmann, told a financial conference in Frankfurt on Friday. "Monetary policy cannot be complacent if its policy stance raises long-term risks to price stability through the build-up of financial imbalances," Weidmann added, per Reuters. "We should not be over-confident about the role macroprudential policy can play in addressing systemic risks. This policy approach is still in its infancy." The EUR/USD pair's reaction to these remarks was muted and the pair was last seen trading at… 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.
