ECB's policy message well understood by market: Visco

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Investors have understood the European Central Bank's latest policy message...

FILE PHOTO: Bank of Italy Governor Ignazio Visco speaks during a meeting in Rome, Italy, October 31, 2017. REUTERS/Remo Casilli

FUKOKA, Japan - Investors have understood the European Central Bank’s latest policy message “very well”, ECB policymaker Ignazio Visco said on Sunday when asked about a rise in the euro despite the possibility of new monetary easing. “The market has understood very well,” Visco said after a G20 meeting in Japan. He blamed the rise in the single currency on “interactions with U.S. interest rates etc.”

 

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The policy message is that they have no way they can do anything The Eu is ruined by insane policies that can’t work and the only ones who don’t see it are those in the Eu who pray the gravy train will go on even though they all know it won’t So they stay to top up pensions

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