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ECB Praet says return to structural growth and employment cannot depend on monetary policy

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    ECB chief economist Peter Praet was on the wires today, emphasizing the need for reforms in order to achieve structural growth and full employment.

    Key Quotes:

    Return to structural growth and employment cannot depend on monetary policy

    If further shocks were to materialise our measures could be recalibrated

    If inflation has remained weak it is not because ECB policy has been ineffective
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