- ECB board nominee Panetta: Different views in the ECB is a sign of a frank, constructive debate
Market news
29 November 2019
ECB board nominee Panetta: Different views in the ECB is a sign of a frank, constructive debate
- Calls for acccommodataive monetary policy
- Says incoming information suggests growth slowdown is more protracted than expected
- Inflation outlook seems to fall short of ECB target
- September policy package will provide necessary support to the economy, inflation
- Evidence indicates that effect of NIRP on the economy has been positive
- Risk of side effects of NIRP remains
- ECB must be alert to possible unintended consequences of its policies towards the stability of the financial system
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