ECB Saw 'Some Comfort' in Wage Dynamics

The video discusses the current state of the euro dollar and bond market, highlighting a rise in the euro dollar and changes in bond buying. It explores the European Central Bank's (ECB) communication strategy, noting that some Governing Council members believe a change is needed if the economy continues to improve. The ECB's current guidance is accommodative, but there may be a shift towards focusing on interest rates rather than just quantitative easing (QE). The video also covers the potential end of QE and the importance of careful communication to avoid tightening financial conditions unnecessarily.

What might change in the ECB's communication regarding QE and interest rates?

What concerns do some Governing Council members have about the continuation of QE?