RSS ECB's Kažimír: Maintaining a gradual approach through 25 bps rate cuts is most prudent

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 RSS ECB's Kažimír: Maintaining a gradual approach through 25 bps rate cuts is most prudent

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  • A gradual, step-by-step approach through 25 bps rate reductions is the most prudent strategy
  • A more aggressive monetary easing would require a dramatic shift in conditions to justify it
  • Europe's economic malaise is largely structural and demands solutions that extend beyond the remit of monetary policy

It's been a while since they took a jab at lawmakers in having to fix the region's economic woes, so this is a timely reminder. As for his policy remarks, they are consistent with what his peers have been preaching since last week.

This article was written by Justin Low at www.forexlive.com.
 
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