- ECB, Knot: “Little room for further monetary policy easing”
Market news
29 March 2012
ECB, Knot: “Little room for further monetary policy easing”
it's clear that current monetary policy is expansive;
- worry about the amount of liquidity in the market;
- inflation not the biggest risk at the moment;
- future monetary policy depends on course of debt crisis;
- focus of monetary policy must be price stability in EMU as a whole;
- ECB nonstandard measures can only buy time;
- ECB measures have eased market stress, not eliminated it;
- Eurozone likely to slide back into recession.
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