ECB's Coeure: Governments with fiscal space should act

Author: Justin Low | Category: Central Banks

Coeure is repeating the same message as Draghi yesterday

  • There is a very strong view in the ECB that fiscal policy must take charge
  • Fiscal policy and structural reforms are needed to get full benefits from ECB policy
  • Underlying euro area inflation is muted
  • Risks to economic growth remain tilted to the downside
ForexLive
That's basically pretty much a word-for-word repeat of Draghi's remarks in his press conference yesterday. But once again, adds to more talk about fiscal stimulus on the day.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose