ECB’s Wunsch: The ECB will have to react at some point
European Central Bank (ECB) policymaker and the head of Belgium's central bank, Pierre Wunsch, said during the European trading session on Wednesday that the central bank needs to act at some point, as “we are at the beginning of an inflation problem”.
Market reaction
There is to be no immediate impact of ECB Wunsch's comments on the Euro (EUR). As of writing, EUR/USD trades 0.15% lower to near 1.1590 due to US Dollar's (USD) continued outperformance.
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