ECB’s Mersch Warns on Using ‘Extreme’ Measures to Lift Economy - News Summed Up

ECB’s Mersch Warns on Using ‘Extreme’ Measures to Lift Economy


European Central Bank board member Yves Mersch warned on Saturday against using "extreme [policy] measures [with] unacceptable side effects" to shore up the eurozone’s weak economy, which he said could undermine trust in the single currency. Mr. Mersch’s comments come amid a growing debate over whether central banks in Europe and Japan should bolster economic growth by turning to radical new tools such as “helicopter...


Source: Wall Street Journal September 03, 2016 10:18 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */