ECB to remain accommodative - EU's Moscovici

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The European Union’s (EU) Mosovici, at the Autumn address, said that he expected the ECB monetary policy to stay accomodative. The EU downgraded its 2016 EMU GDP and inflation forecasts.

    Key Quotes

    Inflation expected to remain close to zero

    Unemployment rate remains too high

    Greece must show progress on household insolvency
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