Euro spikes higher as ECB minutes suggest possible hawkish shift toward monetary policy

• January 11, 2018
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance, The Real Estate Life

The euro leapt against major rivals Thursday, following the release of minutes from the European Central Bank’s December meeting that showed the central bank could shift away from its ultra-loose monetary policy efforts this year. “The language pertaining to various dimensions of the monetary policy stance and forward guidance could be revisited early in the coming year,” according to the minutes.

Reconsideration could take place if the eurozone economy continues to expand and if inflation keeps rising toward the bank’s target around 2%, the minutes said.