European Central Bank’s (ECB) governing council member Jozef Makuch: the central bank is ready to implement quantitative easing if needed

Market news

12 January 2015

European Central Bank’s (ECB) governing council member Jozef Makuch: the central bank is ready to implement quantitative easing if needed

The Slovak news agency TASR quoted the European Central Bank's (ECB) governing council member Jozef Makuch on Monday. Makuch said the ECB is ready to implement quantitative easing if needed.

He also said that he did not expect inflation in the Eurozone to reach the ECB's 2% earlier than at the end of 2016.

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Eurozone’s economy is expected to grow 0.3% in first and second quarter of 2015

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