April 3, 2017 / 6:37 AM / 4 months ago

ECB monetary stance remains appropriate - ECB's Praet

1 Min Read

FILE PHOTO: European Central Bank Executive Board member Peter Praet speaks during a meeting in Madrid, Spain, March 27, 2017.Juan Medina

MADRID (Reuters) - The European Central Bank's current monetary policy remains appropriate, ECB chief economist Peter Praet said in an interview in Spanish newspaper Expansion published on Monday.

Current monetary policy supports the adjustment of euro zone inflation towards a regional target of below, but close to, 2 percent, Praet said.

"Our monetary policy stance thus remains appropriate," he said in an interview conducted March 27.

Reporting by Paul Day; Editing by Sonya Dowsett

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below