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Central BanksEconomic Calendar
ECB’s Kocher: Ready to take monetary policy action at any time if needed
European Central Bank (ECB) Governing Council member Martin Kocher said on Wednesday that the central bank prepared to implement monetary policy measures whenever necessary.
Key quotes
Prepared to implement monetary policy measures whenever necessary.
ECB will take necessary steps to achieve 2% inflation target medium term.
No secondary effects observed at present.
Market reaction
At the time of writing, the EUR/USD pair is up 0.16% on the day at 1.1438.
