ECB's Governing Council member Kazimir: There's no imminent need to act

Market news

3 March 2020

ECB's Governing Council member Kazimir: There's no imminent need to act

Important for ECB to remain alert, monitor situation
There's no imminent need to act, but we're ready to step in when and where necessary
Panic and overreaction could cost us a lot

Look for the BoC to cut rates by 25 bps tomorrow – TDS

G7 finance ministers and central bank governors: We are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy during this phase

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