European Central Bank Latest News: ECB's Noyer Says Forward Guidance in Line With Mandate

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July 06, 2013 AT 9:22 AM
ECB policymaker Christian Noyer said the European Central Bank's decision to break with precedent by declaring it would keep interest rates at record lows for an extended period is fully in line with its mandate. Referring to the ECB's inflation mandate Noyer said "Forward guidance is fully anchored to our mandate and in line with the two pillars of our strategy."