November 20, 2024 at 07:41PM
ECBs Stournaras is speaking and says:
ECB policy has tamed inflation
Sees inflation converted to 2% by start of 2025
ECB may increasingly need to avoid inflation undershoot
Rates will stay restrictive for some time
Downside risks to Eurozone growth remain
This article was written by Greg Michalowski at www.forexlive.com.
ECBs Stournaras: ECB policy has tamed inflation