Speaking to CNBC on Thursday, the member of the Governing Council of the European Central Bank (ECB), Olli Rehn, said that la iInflation threatens to remain too slow in the Eurozone.
Rehn said it is better to keep the policy accommodative. Indicated that it is time to rethink monetary policy strategy.
Regarding the economic outlook, he stated that he sees positive side effects to the US stimuli. They see a strengthening of the recovery for the second half and for 2022.
On Thursday the minutes of the last meeting of the European Central Bank will be known.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
