ECB’s Panetta: Current interest rates level consistent to bring inflation down to target
European Central Bank (ECB) executive board member Fabio Panetta said on Thursday, “the current interest rates level consistent to bring inflation down to target.”
Additional quotes
May be able to ease monetary conditions if persistently weak output accelerates the decline in inflation.
Monetary tightening has not yet had a full impact and will continue to dampen demand in the future.
Risks to the Eurozone economy are tilted to the downside.
The economy remains weak in Q4 2023.
Reprinted from FXStreet_id，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.