Market volatility can amplify shocks to euro zone economy, ECB’s VP warns

Source: Reuters (via feed)




Financial market volatility can amplify economic shocks in the euro zone, European Central Bank Vice President Luis de Guindos said on Wednesday. The ECB will examine various scenarios for growth and inflation when it sets policy next week. De Guindos made these remarks during a discussion on economic conditions. The comments emphasize the ECB’s focus on considering multiple factors in policy decisions.

BizTrendWire Insight:

The ECB plans to assess several growth and inflation scenarios in its upcoming policy meeting. These comments relate directly to the euro zone’s economic environment.


Read full story on Reuters

More From Author

Italy’s MPS, Mediobanca approve merger plans after boardroom crisis

Indian fintech firm Cred gets payment aggregator nod from central bank

Leave a Reply

Your email address will not be published. Required fields are marked *