Growth risks near balance, says ECB

New Straits Times - - Business -

FRANK­FURT: The Euro­pean Cen­tral Bank (ECB) was close to declar­ing that risks to growth were bal­anced, a de­par­ture from its gen­er­ally more pes­simistic stance, but its al­ready an­nounced mea­sures should be im­ple­mented as agreed, said ECB board mem­ber Yves Mer­sch yes­ter­day. “If the eu­ro­zone econ­omy re­cov­ers and in­fla­tion pro­ceeds on its path to­wards the ECB’s in­fla­tion aim, a dis­cus­sion on pol­icy nor­mal­i­sa­tion be­comes war­ranted in the fu­ture,” Mer­sch told a con­fer­ence in Tokyo.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.