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Have necessary tools to avoid property bubbles – ECB’s Nowotny

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - European Central Bank (ECB) Governing Council member Ewald Nowotny while speaking in a television interview in opening hours, said that accommodative monetary policy helps support growth. He also added that the central banks have enough tools to avoid chances of property bubbles.

    Key Quotes:

    "We must of course be careful that this healthy
    medicine does not have negative side effects"

    ‘It is possible property bubbles will develop, have developed instruments to avoid it'

    ‘Overall growth situation is better in United States’
    For more information, read our latest forex news.

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