ECB should keep pumping says OECD

The OECD have a report out on the Eurozone

  • ECB should ease further if inflation remains below target for longer than expected

  • ECB could envisage further rate cuts, especially the deposit rate

  • Proposes the opening of a European asset management company to manage bad bank loans

OECD's Gurria is out with some comments too;

  • Brexit is a major risk for both the UK and Europe

We can't have a story out without mentioning Brexit can we?

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