ECB's Escriva says there is always room for changes in monetary policy; inflation is at target and expectations are anchored

ECB's Escriva says there is always room for changes in monetary policy; inflation is at target and expectations are anchored.

Escriva's comments suggest a dovish stance on monetary policy, indicating that while inflation is under control, the ECB remains open to adjusting policies if necessary. This could signal to the market that accommodative measures might continue, potentially influencing the direction of EUR and fixed income markets. Investors may interpret this as a stabilizing factor for both the euro and bond yields as expectations remain anchored.