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
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 ’s interest rates are “fine where they are,” even when considering downside risks to the economy and an inflation forecast slightly below the 2% target in 2027, Governing Council member Edward Scicluna said.
Policymakers will keep a careful eye on trade tensions and the euro exchange rate, but will also take into account the region’s resilience so far and an increase in fiscal spending to come, Scicluna said in an interview in Copenhagen, where he attended a meeting of European finance chiefs.