ECB’s de Cos: September meeting is absolutely open regarding interest rates

European Central Bank (ECB) policymaker and Bank of Spain's Governor Pablo Hernandez de Cos is speaking at the Fourth Conference on Financial Stability hosted by the Bank of Spain, in Madrid, on Thursday.

Key quotes

Most banks manage interest rates risk successfully.

Expects a moderate pace of interest rate decisions to continue.

ECB September meeting is absolutely open regarding interest rates.

Market reaction

EUR/USD was last seen trading at 1.0913, up 0.02% on the day. Upbeat Spanish inflation data is supporting the upside in the Euro.