ECB’s Coeure says can’t exclude further monetary easing

  • Doesn’t rule out additional steps
  • It won’t be a decade until inflation close to 2% again
  • Worst of financial crisis is over
  • German inflation will rise if economy keeps expanding

Do you get the feeling there’s too much back patting going on? It’s very similar to when the masses try to call the bottom of a market. The ECB bods keep saying the worst is over. We know what usually happens then

;-)

Benoit Coeure speaking in an interview for Germany’s Zeit

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