Reported 1 day ago
Gabriel Makhlouf, a member of the European Central Bank’s Governing Council, cautioned about the risks facing the slowdown in consumer-price growth amid significant uncertainty. He emphasized the ECB's readiness to adapt to fluctuations in inflation and growth, as recent cuts to borrowing costs may not be enough to meet the target inflation rate of 2%. Policymakers remain vigilant, fearing that a sluggish euro-zone economy could hinder progress toward this goal.
Source: YAHOO