This requires the European Central Bank (ECB) on a Thursday published monthly report.
The economic upturn in the euro countries put the ECB or by, mainly due to stronger domestic demand.
This is stimulated by low interest rates and the additional measures taken by the central bank to boost inflation and economic growth.
the ECB is still not assume that inflation will soon rise towards the target level of just under 2 percent.
In the coming months, further price declines, according to the central bank more likely. Only from the second half of the year attracts the price trend is expected to
. <- Block |! Article link end ->
Interest
During the last policy meeting on April 21, the ECB decided to leave interest rates unchanged and maintain the pace of support purchases of debt by 80 billion per month. In March, the central bank engaged just a few teeth in, with lower interest rates and more stimulation.
The ECB reiterated that all allowing the mandate of the central bank, will be removed from the cabinet if the need arises to boost inflation.
must be prevented structurally low inflation continues to work in, for example salaries. This may for a long time put a brake on economic growth
. <- Block |! Article link end ->


No comments:
Post a Comment