11 Quotes by Thomas Mayer

I don't think the ECB should go out of its way to boost the currency either verbally or through action. Their mandate is very clear, and that is to maintain price stability. To the extent that price stability is in danger they have already acted. There is no point in deviating from that strategy.

The hawks got their increase of 25 basis points, and the doves got an agreement not to map out a series of increases. It is an uncomfortable situation for the bank because the hawks will keep coming back.