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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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ECB Needs More Revision of Monetary Policy

March, 14 2018
watermark Economic news

The European Central Bank has to have distinct policy guidance as the current framework will not be effective in time, according to the Chief Economist, Peter Praet, on Wednesday.

He said that the policy rates are likely to stay at the current levels after some time and surpass of net asset purchases that may not give ample support on the improvement of monetary policy.

In an improvement of the policy rates, it is needed to further stipulate and assess because of inflation to maintain towards a sustainable adjustment path towards lower below around two percent in the medium term, said by Praet during the conference.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.