- ECB's governing council member de Cos: Monetary policy cannot be the only instrument to revive the economy
Market news
18 September 2019
ECB's governing council member de Cos: Monetary policy cannot be the only instrument to revive the economy
- Stimulus package will boost inflation, growth
- Measures in the stimulus package are complementary
- Dip in services PMI shows rising risk of a global downturn
- It points to the global slowdown in Q2 likely to persists in the coming months
- Available data indicates euro area economic weakness persists in Q3
- There are risks of an imminent recession in some euro area countries
- Calls for actions from countries with scope for fiscal stimulus
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