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ECB’s Lane: Fair to say that bar for another QE extension is higher - Boersen Zeitung

In an interview with German daily news Paper Boersen, European Central Bank governing council member Philip Lane noted that it would be fair to say that the bar for another QE extension was higher.

Key quotes (via LiveSquawk)

Inflation doesn't have to reach target before policy change is discussed.

Can have more active, less gradual adjustment once better inflation signals come in.

Policy can be adjusted more decisively once likelihood of reaching inflation goal rises.

United States EIA Natural Gas Storage change meets forecasts (15B) in November 3

United States EIA Natural Gas Storage change meets forecasts (15B) in November 3
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Gold sticks to small gains above $1280, Senate's tax plan awaited

The XAU/USD pair, which advanced to its highest level since October 20 at $1288, lost its traction in the NA session and erased a portion of its daily
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