At its previous rate setting meeting in July, the ECB said it would exercise strong vigilance, a code phrase for imminent action.
Of course Weber was right in terms of operating policy - the ECB does not target a monetary aggregate.
Serious financial instability could ensue as a result of uncertainty over the role of the ECB versus individual national central banks.
So congratulations are in order for the ECB ensuring that next years Tests are n't going to be on terrestrial.
So congratulations are in order for the ECB ensuring that next years Tests aren't going to be on terrestrial.
The ECB does not help itself by its often somewhat clumsy use of words.
The ECB indicates that rates will continue to rise, but does not suggest it has a rigid timetable for the moves.
The job of the ECB is to pursue sound policies for the euro zone.