ECB policy would be very restrictive even after rate cut – Cipollone

by Aurelia Butler 27 March 2024, 09:07 199 Views

BRUSSELS (Reuters) – The European Central Bank’s monetary policy would remain “very restrictive” even after an interest rate cut, ECB board member Piero Cipollone said on Wednesday.

“We’re so far away from a neutral stance of monetary policy that even if we adjust, we are still very restrictive,” Cipollone told an event in Brussels.

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ECB policy would be very restrictive even after rate cut – Cipollone

China’s President Xi meets US executives in Beijing as investment wanes

Baltimore bridge port blockade won’t trigger new supply chain crisis, experts say

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