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ECB at ‘Good Equilibrium,’ No Need to Ease More, Stournaras Says

ECB at ‘Good Equilibrium,’ No Need to Ease More, Stournaras Says

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
The European Central Bank is probably done lowering borrowing costs, with any further easing needing meaningful changes to the outlook for prices and economic growth, Governing Council member Yannis Stournaras said.
While inflation is expected to be slightly below 2% in the coming years and risks are to the downside, that alone isn’t enough to justify more interest-rate reductions, the Greek central-bank chief said in an interview in Copenhagen, where he’s attending meetings of European finance ministers.