Reported about 14 hours ago
Klaas Knot, a member of the ECB Governing Council, indicates that the return of inflation to the central bank's target of 2% could lead to a relaxation of restrictive interest rate policies that currently inhibit economic growth. He noted that while current monetary policy restricts activity, a gradual shift will occur as inflation stabilizes at the target level, suggesting that a further rate cut may happen soon.
Source: YAHOO