Heurist Finance

ECB's Dolenc says market tightening reduces need for ECB action

Bloomberg · 6 hours ago
  • ECB Governing Council member Primoz Dolenc said a tightening in financial conditions limits the need for ECB monetary policy action.
  • The comment frames market-driven tightening as a partial substitute for ECB rate moves on the euro-area policy path.

Quotes

“A tightening in financial conditions may limit the need for European Central Bank monetary policy action”— Primoz Dolenc

Sources