Monitor GE Buba President Weber's speech for hints on Eurozone rate decisions, crucial for EUR valuation.
Members of the ECB Governing Council make decisions on the Eurozone's key interest rates. Their public statements often provide hints about upcoming monetary policy changes. The President of the Deutsche Bundesbank, who served as a voting member from April 2004 to April 2011, is considered one of the council's most influential figures.
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to be favorable for the currency.
Source & Frequency
Bundesbank (latest release) - https://www.bundesbank.de/en
How Data is Derived
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Also Known As
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Acronym
Deutsche Bundesbank (Buba), European Central Bank (ECB)