Monitor GE Buba President Weidmann's speech for potential ECB rate hints and Eurozone policy shifts.
Members of the ECB Governing Council cast votes to determine the Eurozone's key interest rates, and their public statements often hint at future monetary policy directions. Notable is the Deutsche Bundesbank President, who served as a voting member from May 2011 to December 2021, and is regarded as one of the council's most prominent figures.
What it Measures
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Usual Effect
A more hawkish stance than anticipated tends to benefit 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)