ECB's Kažimír: Sustaining a gradual method by means of 25 bps fee cuts is most prudent

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  • 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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