ECB's de Cos opens door to fresh stimulus
FILE PHOTO: The European Central Bank logo. Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski
FRANKFURT (Reuters) - The European Central Bank may need to introduce fresh stimulus measures to support an uneven and uncertain recovery in the euro zone and bring inflation closer to its 2% target, ECB policymaker Pablo Hernandez de Cos said on Friday.
"It can't be ruled out ... that it will be necessary to add new stimulus to achieve the objectives," (of supporting the recovery and inflation), he told an event in Spain via videolink.
(Reporting By Francesco Canepa)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Morning Bid: Japan calling capital home
- Wildfires in southern Spain kill 12, emergency agency says
- Yen rises as Japan encourages pension funds to invest in domestic assets
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share