• ECB's governing council member de Cos: Monetary policy cannot be the only instrument to revive the economy

Notícias do Mercado

18 setembro 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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