LUXEMBOURG (MNI) – The current stance of the European Central
Bank’s monetary policy is appropriate, ECB Vice President Vitor
Constancio said Wednesday.
Speaking on the sidelines of a central bank conference here,
Constancio said current growth risks in the Eurozone were on the
downside, while inflation risks were balanced.
Constancio said inflation risks were balanced because oil prices
were unlikely to rise further given the slower pace of economic growth.
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