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ECB's Nowotny - What the ECB is doing cannot prevent deflation

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    European Central Bank (ECB) member Edwald Nowotny, while speaking to Die Presse (German language daily broadsheet newspaper based in Vienna, Austria), said ECB’s measures cannot prevent deflation and said additional public investment is needed.

    Key Quotes

    Had the ECB not acted we would have tipped into deflation

    As soon as situation improves monetary and interest rate policies will change

    Helicopter money is out of the question for the ECB

    ECB must fight the dangers of deflation
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