ECB’s Coeure: German bond yield below 0% due to excess savings

Adding to his earlier comments about the European Central Bank (ECB) not being at a time limit of what it can do on monetary policy, ECB Governing Council member Benoit Coeure said that the fall below 0% witnessed in German bond yields had more to do with excess savings rather than monetary policy.

Fed's Harker: Favouring one rate hike at most this year, one in 2020

Federal Reserve Bank of Philadelphia President Patrick Harker has recently crossed the wires saying that he was favouring one rate hike 'at most' this
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Fed's Harker: See neutral rate as being one or two moves away

Adding to his earlier comments, Philadelphia Fed President Patrick Harker was further noted saying that the   market has priced in less optimism than
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