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ECB's Bonnici: More action is likely not needed given how things are going Dhwani Mehta

11:23 23 May /2016 Forex

European Central Bank’s (ECB) Governing Council member and the governor of the Central Bank of Malta, Josef Bonnici, was on the wires last hour, noting that he doesn’t see need for further ECB action at present.

Key Quotes:

What we've done already should be enough

More action is likely not needed given how things are going

Need to let measures work their way through

Expects a bit more optimistic prognosis for inflation

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Wall Street mixed after action-packed session Eren Sengezer

Wall Street closed the week in a dramatic fashion as the Republicans pulled their bill to dismantle Obamacare. Although major US equity indices dropped quickly to session lows right after the announcement, losses were limited on President Trump's statements which suggested that the

00:23 25 March /2017 Forex