ECB's Kažimír: Sustaining a gradual method by means of 25 bps fee cuts is most prudent
- A gradual, step-by-step method by means of 25 bps fee reductions is probably the most prudent technique
- A extra aggressive financial easing would require a dramatic shift in circumstances to justify it
- Europe’s financial malaise is basically structural and calls for options that reach past the remit of financial coverage
It has been some time since they took a jab at lawmakers in having to repair the area’s financial woes, so it is a well timed reminder. As for his coverage remarks, they’re in step with what his friends have been preaching since final week.
This text was written by Justin Low at www.ubaidahsan.com.
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