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ECB monetary stance remains appropriate - ECB's Praet
April 3, 2017 / 6:37 AM / 9 months ago

ECB monetary stance remains appropriate - ECB's Praet

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.

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

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

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