The ECB’s September meeting account suggests that rising long-term market yields could reduce the amount of additional policy tightening ultimately required, even after all Governing Council members backed the latest 25bp rate increase. Officials noted that the repricing at the long end, “provided it remained orderly,” was already supporting the intended monetary policy stance and […]The post ECB Minutes: Higher Long-Term Yields Could Do Part of Its Tightening Work appeared first on ActionForex.