Bank of Italy gov and ECB governing council member making a speech in London
Bloomberg reporting
- monetary policy alone can't guarantee lasting growth
Visco out with the "more reform needed" mantra
- ECB will review stimulus at its December meeting
- exit from low rates is an issue, we look to US experience
I reckon we know all that by now
- concerns about "currency wars" are misplaced
Yea, right. Not.
EURUSD still around 1.0740 EURGBP 0.7084 EURJPY 132.14
Visco trying a new way to boost the economy