MADRID, Feb 6 (Reuters) - ECB policymaker Jose Luis Escriva told Spanish radio station Cadena SER he expected interest rates to remain steady in the foreseeable future as inflation expectations were
ECB's Escriva sees interest rates stable
Interest Rate Stability in the Euro Zone
MADRID, Feb 6 (Reuters) - ECB policymaker Jose Luis Escriva told Spanish radio station Cadena SER he expected interest rates to remain steady in the foreseeable future as inflation expectations were anchored around the institution's 2% inflation goal.
Impact of Inflation Expectations
The European Central Bank left interest rates on hold as expected on Thursday and played down the impact of dollar moves on its future choices, with a largely unchanged inflation outlook also suggesting steady policy for months to come.
Policymakers' Current Stance
The euro zone's central bank has been on hold since ending a year-long run of rate cuts in June, and surprisingly resilient growth has taken nearly all pressure off policymakers to provide any further support.
(Reporting by Jesús Aguado; Editing by Emma Pinedo)
